OnDeck Capital up 1% after earnings beat

|About: OnDeck Capital (ONDK)|By:, SA News Editor

Q4 adjusted net income of $8.1M or $0.10 per share vs. loss of $31.4M and $0.44 per share a year ago. Adjusted EBITDA of $9.7M.

UPB dipped 0.5% during quarter to $936M; UPB is expected to being growing again in Q1.

Q1 revenue guidance of $86M-$90M, with adjusted net income of $1M-$5M. Full-year revenue guidance of $370M-$382M, with adjusted net income of $16M-$28M.

Conference call is just underway.

Previously: OnDeck Capital beats by $0.06, beats on revenue (Feb. 13)

ONDK +1.1% premarket

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