On Deck Capital (ONDK) Misses Q1 EPS by 4c, Revenues Beat; Updates FY19 Revenue Guidance Below Consensus, Affirms 2Q Revenue Views,

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Go back to On Deck Capital (ONDK) Misses Q1 EPS by 4c, Revenues Beat; Updates FY19 Revenue Guidance Below Consensus, Affirms 2Q Revenue Views,

OnDeck Reports First Quarter 2019 Financial Results

May 2, 2019 7:00 AM EDT

NEW YORK, May 2, 2019 /PRNewswire/ -- OnDeck® (NYSE: ONDK), the leader in online lending for small business, today announced first quarter 2019 net income of $5.9 million, Adjusted Net Income of $8.3 million and gross revenue of $110.2 million.

"Our first quarter results reflect the continued execution of our strategy as we prudently grew the portfolio and maintained strong margins while investing in... More