LendingClub (NYSE:LC), an online marketplace connecting borrowers and lenders, has announced that it will report second quarter earnings, which ended on June 30, after the bell on Monday, August 7, 2017.
LendingClub will host a conference call to discuss the Q2 results at at 2:00PM (PT) or 5PM (ET) on that day.
There will be a live webcast of the call which will be available at http://ir.lendingclub.com under the Events & Presentations menu.
Interested individuals may also access the call at +1 (888) 317-6003 or outside the U.S. +1 (412) 317-6061 with conference ID 3610198. Please call in ten minutes prior.
Investors will be looking for an update on top line originations and sector growth. At the Q1 call, LendingClub provided the following guidance for Q2:
Total Net Revenue in the range of $132 million to $137 million.
Net Income (Loss) in the range of $(35) million to $(30) million.
Adjusted EBITDA(4) in the range of $(2.5) million to $2.5 million.