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LendingTree provides FY'20 guidance

LendingTree Inc. has provided full-year 2020 guidance for revenue and adjusted EBITDA.

The online loan marketplace expects full-year 2020 revenue of $1.25 billion to $1.30 billion, a 13% to 18% increase from the midpoint of full-year 2019 guidance of $1.11 billion. It also expects full-year 2020 adjusted EBITDA of $225 million to $235 million, a 12% to 17% increase from the midpoint of full-year 2019 guidance of $201 million.