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On Deck Capital Inc. ONDK

"On Deck Capital Inc is a platform for online small business lending. The company transforms small business lending by making it efficient and convenient for small businesses to access capital. Its' platform touches every aspect of the customer lifecycle, including customer acquisition, sales, scoring and underwriting, funding, and servicing and collections. It generates revenue in the form of interest income."


NYSE:ONDK - Post by User

Post by wizard3on Nov 02, 2015 6:18pm
158 Views
Post# 24251709

ONDECK BEATS THE STREET ON ALL 4 COUNTS ... AWESOME

ONDECK BEATS THE STREET ON ALL 4 COUNTS ... AWESOME
Gross revenue was a record $67.4 million for the quarter, up 55% from the prior year period.
Net revenue was $46.0 million for the quarter, up 109% from the prior year period.
Adjusted EBITDA* was $9.0 million for the quarter, up from $2.6 million in the prior year period.
Adjusted Net Income* was $7.4 million for the quarter, up from $1.5 million in the prior year period.
GAAP net income attributable to On Deck Capital, Inc. common stockholders was $3.7 million for the quarter, compared to a loss of $3.3 million in the prior year period.
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