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Technology Stocks : Growth Investing

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From: JakeStraw	5/6/2015 8:03:45 AM
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Lending Club Reports First Quarter 2015 Results finance.yahoo.com Q1 operating revenue up 109% year-over-year to $81.0 million "We continued to benefit from strong network effects this quarter, and took that opportunity to grow faster than we had planned," said Renaud Laplanche, CEO and founder. "Our investments in channel diversification helped us cost-efficiently grow borrower acquisitions, our diversified investor base helped us deliver affordable credit to a wide spectrum of borrowers, our leadership position helped us secure the most coveted partnerships, and our exceptional customer satisfaction rate continued to fuel our growth. These successes give us the confidence to raise our target for the full year."

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