|Bid||38.75 x 1400|
|Ask||39.52 x 800|
|Day's Range||38.45 - 39.53|
|52 Week Range||23.79 - 44.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 11, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||48.70|
Open Lending Corporation ( NASDAQ:LPRO ) just released its latest second-quarter results and things are looking...
Shares of the auto lending platform Open Lending (NASDAQ: LPRO) traded nearly 10% higher as of 10:55 a.m. EDT after the company reported its earnings results for the second quarter of 2021. Open Lending reported diluted earnings per share of $0.60 on total revenue of more than $61 million in the second quarter, both numbers that are up significantly from the second quarter of 2020. Open Lending grew certified loans for its partners by 148% from the second quarter of 2020, which translated into significant growth in program and profit sharing fees.
Open Lending disclaims any obligation to update these statements to reflect future events or circumstances. Then I'm going to turn it over to Ross, and he is going to provide an update on our OEM opportunity.