Open Lending Shares Hold Steady Amid Strategic Shifts and Mixed Earnings
06.09.2025 - 04:36:04Earnings Report Falls Short of Expectations
Open Lending shares concluded Friday’s trading session unchanged at $2.26, a deceptive calm following intraday price swings exceeding 6%. This period of relative stability comes as the market continues to digest the company’s latest quarterly results and a significant extension of its partnership with AmTrust North America.
The company’s second-quarter 2025 financial results, released on August 6, presented a consistent pattern of decline across all key performance indicators. Certified loans dropped to 26,522, representing an 8.4% decrease compared to the same period last year. Total revenue followed this downward trend, falling 5.3% to $25.3 million. Net income experienced a substantial contraction, landing at $1.0 million versus the $2.9 million reported in the prior year. Earnings per share came in at $0.01, missing the consensus estimate of $0.02.
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