OnDeck Reports Second Quarter 2015 Financial Results

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Needham & Company Cuts Price Target on On Deck Capital (ONDK) Following 2Q Results

August 4, 2015 9:26 AM EDT

Needham & Company maintained a Buy rating on On Deck Capital (NYSE: ONDK), and cut the price target to $19.00 (from $28.00), following 2Q results. ONDK reported $0.10 in non-GAAP EPS, $0.02 ahead of consensus.

Analyst Mayank Tandon commented, "ONDK delivered 2Q results in-line with the positive preannouncement... More

On Deck Capital (ONDK) Tops Q2 EPS by 5c; Issues Q3 Outlook

August 3, 2015 4:11 PM EDT

On Deck Capital (NYSE: ONDK) reported Q2 EPS of $0.11, $0.05 better than the analyst estimate of $0.06. Revenue for the quarter came in at $63.3 million versus the consensus estimate of $61.94 million.

OnDeck provided the following guidance for the three months ending September 30, 2015 and year ending December 31,... More