Open Lending Corporation reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 9.33 million compared to USD 17.81 million a year ago. Revenue was USD 26.73 million compared to USD 38.15 million a year ago. Net income was USD 2.9 million compared to USD 11.37 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.09 a year ago.
For the six months, sales was USD 23.22 million compared to USD 36.41 million a year ago. Revenue was USD 57.47 million compared to USD 76.52 million a year ago. Net income was USD 7.99 million compared to USD 23.91 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.2 a year ago.