Money Lender OnDeck Q1 Earnings Beat, Outlook Light

By | May 4, 2015

Scalper1 News

Online money lender OnDeck Capital (ONDK) reported first-quarter earnings after the market close Monday that beat the consensus estimate, but it provided Q2 guidance below views, sending the stock down. OnDeck reported Q1 revenue of $56.5 million, up 98% from the year-earlier period and above the analyst consensus estimate of $54.7 million, as polled by Thomson Reuters. It reported a per-share loss minus items of 5 cents, but analysts had forecast Scalper1 News

Scalper1 News