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LendingClub narrows Q4 revenue view to $260M-$263M from $255M-$265M
The Fly

LendingClub narrows Q4 revenue view to $260M-$263M from $255M-$265M

Consensus for Q4 revenue is $261.65M. Narrows Q4 net income view to $21M-$24M from $15M-$25M. Q4 estimates are inclusive of Q4 workforce reduction charges of $4.4M and the impacts from the acquisition of the MUFG Union Bank personal loan portfolio of $1.05B.

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