On Deck Capital (ONDK) Tops Q1 EPS by 1c
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OnDeck Reports First Quarter 2015 Financial Results
May 4, 2015 4:01 PM EDTNEW YORK, May 4, 2015 /PRNewswire/ -- OnDeck® (NYSE: ONDK), a leading platform for small business lending, today announced financial results for its first quarter ended March 31, 2015.
Financial Highlights
Gross revenue was a record $56.5 million for the quarter, up 98% from the prior year period. Adjusted EBITDA* was a loss of $1.8 million for the quarter, compared to a loss of $5.8 million in the prior year period. Adjusted Net Loss*... More