CHARLOTTE, N.C. - LendingTree Inc. reported a second-quarter net loss late Monday of $12.4 million, or 66 cents per share, 36.5% less than it lost a year earlier.

The online lending exchange for mortgages, credit cards, car loans, and home equity loans also reported that its revenue climbed 50% from a year earlier and 29% from the first quarter, to a record $15.8 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.