Plug Power Inc. Tumbles On Revenue Miss, LendingClub Corp Surges

Lending Club expects its fourth quarter revenue to be between $116 million and $123 million. Analysts were projecting $116.2 million. The company expects net losses of $48 million to $38 million, adjusted EBITDA of -$15 million to -$5 million and operating revenue of $116 million to $123 million.

Shares of Lending Club soared in premarket trading, climbing by as much as 7.41% to $5.51 per share.

1 2
View single page >> |

Disclosure: This article is NOT an investment recommendation, more

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.