On Deck Capital (ONDK) Tops Q1 EPS by 3c, Offers Q2 Guidance

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Go back to On Deck Capital (ONDK) Tops Q1 EPS by 3c, Offers Q2 Guidance

OnDeck Reports First Quarter 2018 Financial Results

May 8, 2018 7:00 AM EDT

NEW YORK, May 8, 2018 /PRNewswire/ -- OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced first quarter 2018 Gross revenue of $90 million, Net loss of $1.9 million, and Adjusted Net income of $6.4 million.

"Our first quarter results reflect a strong start to 2018 as we continue to execute on our strategic priorities to position our business for future success," said Noah Breslow,... More