Shareholder letter
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July 29 , 2021 lendingtree® Exhibit 99.2 Fellow Shareholders : Our second quarter results represent sustained momentum at the Company as our business continues its recovery from the effects of the pandemic . Our Home segment is proving incredibly resilient , posting segment profit near record levels despite slowing refinance activity in the broader market . The Consumer segment continued its strong recovery with segment revenue and profit growing 31 % and 36 % , respectively , over the prior quarter . And Insurance recorded solid growth while the business continues to focus on ongoing diversification . In aggregate , we have largely returned to pre - COVID levels of revenue and Variable Marketing Margin . We are particularly pleased with this quarter's results , and we're increasingly confident in continued growth as we progress into the back half of the year . The re - alignment of our leadership team that was announced last quarter is moving along according to plan , and the broader organizations have been further defined . Strategic priorities are becoming clearer , and we're tackling important initiatives with renewed focus and accountability . Our unique ability to leverage our industry - leading marketplace assets positions us incredibly well as we continue to grow and evolve the logged - in experience through differentiated capabilities , re - invented shopping experiences , and deepened relationships with both consumers and our partners . Our efforts to syndicate these assets through partnerships are also becoming a source of increasing strength as we grow existing partnerships and build the pipeline of prospects . As we reflect on the last fifteen months , we're especially proud of the fact that we have once again proven this Company's resiliency . The diversification of our business and the inherent flexibility of our marketplace model have enabled us to withstand this difficult period , and our company is emerging stronger . We are encouraged by the pace of recovery , and we look forward to brighter days ahead . Q2.2021 1