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Wednesday, January 13, 2016

= LendingTree (TREE) raises its FY 2015 revenue guidance


LendingTree (TREE) raised its FY 2015 revenue guidance. The company also raised its guidance on Adjusted EBITDA to $38.8-$39.8 million from $38.3-38.8 million. On a related note, the weekly MBA Mortgage Index was released this morning, which showed a seasonally adjusted increase of 21.3% in mortgage applications.

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