Page 1

• • ย lendíngtree LENDINGTREE REPORTS THIRD QUARTER 2021 RESULTS Momentum accelerating in Consumer segment as Home remains resilient Consolidated revenue of $ 297.4 million GAAP net loss from continuing operations of $ 4.4 million or $ 0.33 per diluted share • Variable marketing margin of $ 105.9 million Adjusted EBITDA of $ 41.0 million • Adjusted net income per share of $ 0.75 Exhibit 99.1 CHARLOTTE , NC - October 28 , 2021 - LendingTree , Inc. ( NASDAQ : TREE ) , operator of LendingTree.com , the nation's leading online financial services marketplace , today announced results for the quarter ended September 30 , 2021. The company has posted a letter to shareholders on the company's website at investors.lendingtree.com . " We are pleased to report another strong quarter as our business continues to rebound toward pre - pandemic revenue levels , " said Doug Lebda , Chairman and CEO . " Our Home segment produced record results in the quarter , and we remain encouraged with the ongoing recovery in our Consumer segment . Despite industry headwinds impacting our insurance partners , we are operating that business from a position of strength , and are well positioned to grow market share as the industry rebounds . " Trent Ziegler , CFO , added , " The benefit of our diversification was apparent this quarter as strong results in our Home and Consumer segments helped offset headwinds in our Insurance business resulting from reduced partner spend . We view this insurance cycle as transitory and remain optimistic trends will normalize in the first half of next year . Our balance sheet is as strong as ever , providing us flexibility to execute on our capital allocation strategy over the coming quarters . " Third Quarter 2021 Business Highlights • Home segment revenue of $ 112.4 million grew 42 % over third quarter 2020 and produced segment profit of $ 41.5 million , up 65 % over the same period . ° Within Home , mortgage products revenue of $ 92.6 million grew 31 % over the prior year period . Consumer segment revenue of $ 100.0 million grew 107 % over third quarter 2020 as trends continued to improve in credit card , personal loans and small business . Segment profit improved to $ 44.7 million , up 107 % year - over - year . ° Within Consumer , personal loans revenue of $ 33.8 million increased 34 % over second quarter 2021 . о Credit card revenue of $ 26.9 million grew 20 % over second quarter 2021 . 0 Small business revenue of $ 14.8 million increased 53 % over second quarter 2021 . Insurance segment revenue of $ 84.8 million declined 8 % over third quarter 2020 and translated into Insurance segment profit of $ 26.6 million , down 28 % over the same period . • Through September 30 , 2021 , 20.0 million consumers have signed up for My LendingTree .