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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Lendingtree Inc    TREE

LENDINGTREE INC (TREE)
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LENDINGTREE : LEADSCON ANNOUNCE $25,000 INNOVATION CHALLENGE IN LAS VEGAS

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01/08/2018 | 08:15pm CEST

NORWALK, Conn., Jan. 8, 2018 /PRNewswire-iReach/ -- LendingTree®, the nation's leading online loan marketplace, and Access Intelligence, a leading business information and marketing company, today announced a new initiative to showcase the top innovations in financial technology (fintech) lead generation at LeadsCon Las Vegas this March.

LendingTree Innovation Challenge

The "LendingTree Innovation Challenge at LeadsCon Las Vegas" will recognize the most innovative fintech solutions across the consumer lead generation, call center and customer experience sectors. Startups and established businesses from around the world can apply today for a chance to receive exposure, bragging rights and $25,000 in cash. Finalists will be announced in March and selected live on stage amid 3,000 industry executives at LeadsCon Las Vegas's industry conference and expo, March 5-7 at The Paris Las Vegas. 

"This competition is unique for the industry," says LendingTree Founder and CEO Doug Lebda. "The innovators behind today's customer acquisition technology deserve the opportunity to be recognized on a larger stage. Together with LeadsCon, LendingTree wants to empower entrepreneurs who are building disruptive solutions and businesses that meet the challenges of consumers, partners and clients in the fintech space."

Submissions are due by January 26, 2018. LendingTree will score all entries, and industry-leading judges will select the winner live from five finalists invited to present their business plan on stage at LeadsCon Las Vegas. Each finalist will have five minutes to present in the form of live demo, video and visuals, followed by questions from the panel of judges in a "Shark Tank"-style format. The all-star panel of industry experts will then select and announce the winner of the $25,000 top prize.

"LeadsCon always brings together the brightest and best in innovation and technologies that drive consumer lead generation and enhance customer experiences," says Warren Pickett, content director of LeadsCon. "We're excited to enhance this opportunity as LendingTree's Innovation Challenge comes to the main stage in Las Vegas and LendingTree continues to shine the spotlight on emerging technologies in a fun and innovative way."

QUALIFICATIONS. The LendingTree Innovation Challenge at LeadsCon is open to any business that:

  • Is high-growth and focused on innovation within the B2C customer acquisition industry
  • Has at least two full-time founders
  • Has a working prototype with customer interaction
  • Applies by the January 26, 2018 deadline

For more information, please visit:
http://www.leadscon.com/leadsconlv/lendingtreesinnovationchallenge/

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ABOUT LENDINGTREE
LendingTree (NASDAQ: TREE) is the nation's leading online loan marketplace, empowering consumers as they comparison-shop across a full suite of loan and credit-based offerings. LendingTree provides an online marketplace which connects consumers with multiple lenders that compete for their business, as well as an array of online tools and information to help consumers find the best loan. Since inception, LendingTree has facilitated more than 65 million loan requests. LendingTree provides free monthly credit scores through My LendingTree and access to its network of over 500 lenders offering home loans, personal loans, credit cards, student loans, business loans, home equity loans/lines of credit, auto loans and more. LendingTree, LLC is a subsidiary of LendingTree, Inc. For more information go to www.lendingtree.com, dial 800-555-TREE, like our Facebook page and/or follow us on Twitter @LendingTree.

ABOUT LEADSCON LAS VEGAS
Nearly 3,000 people rely each year on LeadsCon Las Vegas for unparalleled insights and access to marketing leaders and to learn how to find, nurture and convert quality leads to grow their business. The event takes place March 5-7 in Las Vegas. Learn more at leadscon.com/leadsconlv.

ABOUT ACCESS INTELLIGENCE 
Access Intelligence, a portfolio company of Veronis Suhler Stevenson, is a b-to-b media, event and information company serving the media, PR, cable, healthcare management, defense, chemical engineering, satellite and aviation markets. Leading brands include PR News, AdMonsters, Cynopsis, Cablefax, Folio:, Event Marketer, LeadsCon, Chief Marketer, MultiChannel Merchant, Media Industry Newsletter, Defense Daily Network, Aviation Today, Studio Daily, Power, Via Satellite and Exchange Monitor. Market-leading events include LeadsCon, AdMonsters Operations and Publisher Summits, Folio: Show, Experiential Marketing Summit, EventTech, SATELLITE 2018, OR Manager, LDC Gas Forums, Clean Gulf, ELECTRIC POWER and Western Power Summit. Learn more at accessintel.com.

Media Contact: Megan Greuling, LendingTree, 704-943-8208, Megan.Greuling@LendingTree.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE LENDINGTREE

© PR Newswire, source PR Newswire iReach

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Financials ($)
Sales 2018 755 M
EBIT 2018 113 M
Net income 2018 108 M
Finance 2018 44 504 M
Yield 2018 -
P/E ratio 2018 30,06
P/E ratio 2019 36,82
EV / Sales 2018 -55,0x
EV / Sales 2019 -157x
Capitalization 2 958 M
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Mean consensus OUTPERFORM
Number of Analysts 13
Average target price 301 $
Spread / Average Target 30%
EPS Revisions
Managers
NameTitle
Douglas Robert Lebda Chairman & Chief Executive Officer
Neil Salvage President
J. D. Moriarty Chief Financial Officer
Paul Tyma Chief Technology Officer
Peter C. Horan Independent Director
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