AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Open Lending Corporation (LPRO) on Wednesday reported second-quarter earnings of $1 million.
The Austin, Texas-based company said it had profit of 1 cent per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.
The company posted revenue of $25.3 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $23.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LPRO at https://www.zacks.com/ap/LPRO
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