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Open Lending Corporation (LPRO) CEO John Flynn on Q4 2020 Results - Earnings Call Transcript

Mar. 09, 2021 10:40 PM ETOpen Lending Corporation (LPRO)
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Open Lending Corporation (NASDAQ:LPRO) Q4 2020 Results Conference Call March 9, 2021 5:00 PM ET

Company Participants

John Flynn - Chairman and Chief Executive Officer

Ross Jessup - President and Chief Operating Officer

Chuck Jehl - Executive Vice President, Chief Financial Officer and Treasurer

Conference Call Participants

Ashish Sabadra - Deutsche Bank

Peter Heckmann - Davidson

Randy Binner - B. Riley

Joseph Vafi - Canaccord

John Davis - Raymond James

Bob Napoli - William Blair

Vincent Caintic - Stephens

David Scharf - JMP Securities

John Hecht - Jefferies

Mike Grondahl - Northland Securities

Matthew O'Neill - Goldman Sachs


Good afternoon, and welcome to Open Lending's Fourth Quarter 2020 Earnings Conference Call. As a reminder, today's conference call is being recorded. On the call today are John Flynn, Chairman and CEO; and Ross Jessup, President and COO; and Chuck Jehl, CFO.

Earlier today, the company posted its fourth quarter 2020 earnings release to its Investor Relations website. In the release, you will find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed on this call.

Before we begin, I'd like to remind you that this call may contain estimates and other forward-looking statements that represent the company's view as of today, March 9, 2021. Open Lending disclaims any obligation to update these statements to reflect future events or circumstances. Please refer to today's earnings release and our filings with the SEC for information concerning factors that could cause actual results to differ materially from those expressed or implied by such statements.

And now I'll pass the call over to you, John, for your opening remarks.

John Flynn

Thank you, operator, and good afternoon, everyone. Thanks again for joining us for the fourth quarter 2020 earnings conference call. I'd like to start today by reviewing our fourth quarter and our full year

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