Newly public Inc. reported a second-quarter loss of $8.6 million, despite a 65% revenue increase to $14.3 million.'s shares were unchanged Thursday, the day of the announcement. It was the leading percent gainer on the Nasdaq on Wednesday, rising 87%, to $15.375.

For the same quarter a year earlier the company reported a loss of $763,000 on $8.6 million of revenue. said it closed 4,459 loans, totaling $848.2 million, in this year's second quarter, up from 2,673 loans worth $478.6 million a year earlier.

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.