MARKET COMPOSITE
LPRO - Open Lending Corp8:00:00 PM 4/24/2024
Price
$4.87
-0.09 (-1.81%)
Open Lending Corporation provides lending enablement and risk analytics solutions to financial institutions in the United States. The company, through its flagship product, Lenders Protection, offers loan analytics, risk-based pricing, risk modeling, and default insurance, ensuring profitable auto loan portfolios for financial institutions. Open Lending Corporation was founded in 2000 and is based in Austin, Texas.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue14.9MM-43%
Gross Profit9.6MM-54%
Cost Of Revenue5.4MM-0%
Operating Income-8.3MM-282%
Operating Expenses17.9MM+11%
Net Income-4.8MM-261%
R&D1.5MM-13%
G&A12MM+22%
Marketing4.3MM-4%
Interest Expense2.8MM+1%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    PROG Holdings (PRG) delivered earnings and revenue surprises of 9.64% and 1.52%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

    AUSTIN, Texas, April 18, 2024--Open Lending Corporation (NASDAQ: LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, was recently selected by OneAZ Credit Union ("OneAZ") as their lending enablement solution for automotive loans. The partnership will help OneAZ expand access to auto loans for underserved populations of Arizona while also protecting the assets of its members with deposits from t

    AUSTIN, Texas, April 16, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or “the Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced that the Company will host a conference call to discuss first quarter 2024 financial results on Tuesday, May 7, 2024 at 5:00pm ET. A press release with first quarter 2024 financial results will be issued after the market closes that same day. Th

    Investors need to pay close attention to Open Lending (LPRO) stock based on the movements in the options market lately.

    AUSTIN, Texas, April 11, 2024--Open Lending Corporation (NASDAQ: LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today released a new Near- and Non-Prime Consumer Update, continuing its quarterly report series on automotive lending trends among near- and non-prime consumers. The latest Update uncovers disproportionate economic impacts on the underserved, spotlighting opportunities for autom

    Keith Jezek Resigns as CEO and Board Member; Chief Financial Officer Charles “Chuck” Jehl Appointed as Chief Operating Officer and Interim Chief Executive Officer Reiterates Q1 2024 Certified Loan Guidance AUSTIN, Texas, March 25, 2024 (GLOBE NEWSWIRE) -- Open Lending Corporation (Nasdaq: LPRO) (the “Company” or “Open Lending”), an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, today announced that Keith Jezek is stepping down as Open Lending’

    AUSTIN, Texas, March 25, 2024--Open Lending Corporation (NASDAQ: LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, and TransUnion, a trusted global information and insights company, today released a new study on the borrowing habits and credit outlook for Millennials and Gen Zers. Using data from over 4 million U.S. consumers, the report illustrates new-to-credit borrowers’ upward credit traj

    Open Lending Corporation (NASDAQ:LPRO) Q4 2023 Earnings Call Transcript February 27, 2024 Open Lending Corporation misses on earnings expectations. Reported EPS is $-0.04 EPS, expectations were $0.05. LPRO isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome […]

    AUSTIN, Texas, March 05, 2024--Open Lending Corporation (NASDAQ: LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, today announced the winners of their inaugural Economic Vehicle Accessibility Awards ("EVAAs"). The winning banks and credit unions are Open Lending partners that are driving vehicle access through financing opportunities for creditworthy near- and non-prime borrowers.

    The analysts might have been a bit too bullish on Open Lending Corporation ( NASDAQ:LPRO ), given that the company fell...