On Deck Capital (ONDK) Tops Q3 EPS by 5c, Revenues Beat; Raises FY18 Revenue Guidance Above Consensus

Go back to On Deck Capital (ONDK) Tops Q3 EPS by 5c, Revenues Beat; Raises FY18 Revenue Guidance Above Consensus

OnDeck Reports Third Quarter 2018 Financial Results

November 6, 2018 7:00 AM EST

NEW YORK, Nov. 6, 2018 /PRNewswire/ -- OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced third quarter 2018 Net income of $9.8 million, Adjusted Net income of $13.2 million and Gross revenue of $103.0 million.

"We are pleased to report excellent third quarter results highlighted by record origination volume, improved margins and stable credit... More