AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Open Lending Corporation (LPRO) on Wednesday reported first-quarter profit of $617,000.
The Austin, Texas-based company said it had net income of 1 cent per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 1 cent per share.
The company posted revenue of $24.4 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $24.8 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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