Open Lending Postpones its Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
Open Lending (NASDAQ: LPRO) has announced the postponement of its fourth quarter and full year 2024 earnings release and conference call, originally scheduled for March 17, 2025. The company has filed a Form 12b-25 with the SEC, requesting additional time to finalize its financial statements for the Annual Report on Form 10-K for the year ended December 31, 2024.
The company expects to file the 2024 Form 10-K by April 1, 2025, utilizing the automatic extension under Rule 12b-25. Open Lending will announce a new date and time for its Q4 and full year 2024 results conference call once the Form 10-K is completed.
Open Lending (NASDAQ: LPRO) ha annunciato il rinvio della pubblicazione dei risultati del quarto trimestre e dell'intero anno 2024, inizialmente prevista per il 17 marzo 2025. L'azienda ha presentato un modulo 12b-25 alla SEC, richiedendo ulteriore tempo per finalizzare i propri bilanci per il rapporto annuale sul modulo 10-K per l'anno conclusosi il 31 dicembre 2024.
L'azienda prevede di presentare il modulo 10-K del 2024 entro il 1 aprile 2025, utilizzando l'estensione automatica prevista dalla Regola 12b-25. Open Lending annuncerà una nuova data e ora per la conferenza sui risultati del quarto trimestre e dell'intero anno 2024 non appena il modulo 10-K sarà completato.
Open Lending (NASDAQ: LPRO) ha anunciado el aplazamiento de la publicación de sus resultados del cuarto trimestre y del año completo 2024, originalmente programada para el 17 de marzo de 2025. La empresa ha presentado un Formulario 12b-25 ante la SEC, solicitando tiempo adicional para finalizar sus estados financieros para el Informe Anual en el Formulario 10-K para el año que finalizó el 31 de diciembre de 2024.
La empresa espera presentar el Formulario 10-K de 2024 antes del 1 de abril de 2025, aprovechando la extensión automática bajo la Regla 12b-25. Open Lending anunciará una nueva fecha y hora para la conferencia sobre los resultados del cuarto trimestre y del año completo 2024 una vez que se complete el Formulario 10-K.
Open Lending (NASDAQ: LPRO)는 원래 2025년 3월 17일로 예정되어 있던 2024년 4분기 및 연간 실적 발표와 컨퍼런스 콜의 연기를 발표했습니다. 이 회사는 SEC에 12b-25 양식을 제출하여 2024년 12월 31일에 종료된 연도의 10-K 양식 연례 보고서를 위한 재무 제표를 최종 확정할 추가 시간을 요청했습니다.
회사는 2025년 4월 1일까지 2024년 10-K 양식을 제출할 것으로 예상하고 있으며, 이는 12b-25 규칙에 따른 자동 연장을 활용합니다. Open Lending은 10-K 양식이 완료되면 2024년 4분기 및 연간 실적 발표를 위한 새로운 날짜와 시간을 발표할 것입니다.
Open Lending (NASDAQ: LPRO) a annoncé le report de la publication de ses résultats du quatrième trimestre et de l'année complète 2024, initialement prévue pour le 17 mars 2025. L'entreprise a déposé un formulaire 12b-25 auprès de la SEC, demandant un délai supplémentaire pour finaliser ses états financiers pour le rapport annuel sur le formulaire 10-K pour l'année se terminant le 31 décembre 2024.
L'entreprise prévoit de déposer le formulaire 10-K de 2024 d'ici le 1er avril 2025, en utilisant l'extension automatique prévue par la règle 12b-25. Open Lending annoncera une nouvelle date et heure pour la conférence sur les résultats du quatrième trimestre et de l'année complète 2024 une fois que le formulaire 10-K sera complété.
Open Lending (NASDAQ: LPRO) hat die Verschiebung der Bekanntgabe seiner Ergebnisse für das vierte Quartal und das gesamte Jahr 2024 angekündigt, die ursprünglich für den 17. März 2025 geplant war. Das Unternehmen hat ein Formular 12b-25 bei der SEC eingereicht und um zusätzliche Zeit gebeten, um seine Finanzberichte für den Jahresbericht im Formular 10-K für das am 31. Dezember 2024 endende Jahr abzuschließen.
Das Unternehmen erwartet, das Formular 10-K für 2024 bis zum 1. April 2025 einzureichen, indem es die automatische Verlängerung gemäß Regel 12b-25 nutzt. Open Lending wird ein neues Datum und eine neue Uhrzeit für die Konferenz zu den Ergebnissen des vierten Quartals und des gesamten Jahres 2024 bekannt geben, sobald das Formular 10-K abgeschlossen ist.
- None.
- Delayed filing of annual financial statements indicates potential internal control or accounting issues
- Uncertainty around financial results may impact investor confidence
AUSTIN, Texas, March 17, 2025 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”) today announced that it is postponing its earnings release and conference call, previously scheduled for March 17, 2025. The Company also announced that it filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission (“SEC”) related to the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 (the “2024 Form 10-K”) in order to allow additional time to finalize its financial statements. The Company plans to reschedule the conference call and file the 2024 Form 10-K as soon as practicable.
The Company is working diligently and expects to file the 2024 Form 10-K with the SEC no later than April 1, 2025, in accordance with the automatic extension under Rule 12b-25. Additional information may be found in the Company’s Form 12b-25 filing, which is available on Open Lending’s investor relations website at https://investors.openlending.com.
The Company plans to announce the new date and time for its conference call for fourth quarter and full year 2024 results once the 2024 Form 10-K is finalized.
About Open Lending
Open Lending (NASDAQ: LPRO) provides loan analytics, risk-based pricing, risk modeling, and default insurance to auto lenders throughout the United States. For over 20 years, we have been empowering financial institutions to create profitable auto loan portfolios with less risk and more reward. For more information, please visit www.openlending.com.
Forward-Looking Statements
This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, including statements related to the expected timing and filing of the Company’s 2024 Form 10-K with the SEC. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These statements are based on various assumptions and on the current expectations of the Company’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the Company’s control. These forward-looking statements are subject to a number of risks and uncertainties, including the Company’s ability to file the 2024 Form 10-K with the SEC within the expected time period, the Company’s expectations regarding the financial results to be included in the 2024 Form 10-K, any adjustments to profit share revenue and contract assets and any related impacts, and other risks discussed in the Company’s filings with the SEC, including in its Annual Report on Form 10-K for the year ended December 31, 2023. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know or that it currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Contact information:
Investor Relations Inquiries:
InvestorRelations@openlending.com
Source: Open Lending Corporation
FAQ
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