Online lender On Deck's quarterly loss narrows [Reuters]
ON DECK CAPITAL INC (ONDK)
Last on deck capital inc earnings: 4/30 07:00 am
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Source: Reuters
Online lender On Deck's quarterly loss narrows | Reuters Reuters Staff 1 Min Read May 8 (Reuters) - Online lender On Deck Capital Inc on Tuesday reported a smaller first-quarter loss, as it set aside less money for bad loans and lending rose. Net loss attributable to common shareholders narrowed to $1.9 million, or 3 cents per share, in the quarter ended March 31, compared with a loss of $11.1 million, or 15 cents per share, a year earlier. Net revenue rose to $42.2 million from $35.4 million. (Reporting by Nikhil Subba in Bengaluru; Editing by Shailesh Kuber) All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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