LendingClub Advances on First Profit Since IPO, Revenue Outlook

  • Profit of $950,000 compares with $7.37 million loss in 3Q14
  • Finance chief Dolan says LendingClub sees `strong momentum'

LendingClub Corp. rallied in New York trading after the company that helps investors fund personal loans over the Internet reported its first profitable quarter as a public company and lifted its revenue forecast.

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