Categories Earnings, Finance

OnDeck (ONDK) Q3 2019 Earnings Snapshot

— OnDeck (NYSE: ONDK) reported an adjusted EPS of $0.10 per share in the third quarter of 2019 vs. $0.07 expected.

— GAAP earnings declined to $0.11 per share in the third quarter of 2019 from $0.12 per share in the year-ago period.

— Revenue increased 9% year-over-year to $112.6 million vs. $109.37 million expected.

— Total assets 12% from the year-ago quarter to $1.3 billion.

— OnDeck repurchased 3.2 million shares for $11.0 million under its $50 million common stock repurchase program.

— For fiscal 2019, OnDeck expects revenue to be between $442 million and $446 million, net income of $21 million to $25 million, and adjusted net income of $28 million to $32 million.

— OnDeck expects the current operating environment to extend into 2020; portfolio growth rate is expected to be consistent with 2019.

— ONDK shares edged up 0.28% to $3.63 yesterday.

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

Tyson Foods (TSN) Q1 2023 Earnings: Key financials and quarterly highlights

Tyson Foods Inc. (NYSE: TSN) reported first quarter 2023 earnings results today. Sales rose 2.5% year-over-year to $13.2 billion. Net income attributable to Tyson was $316 million, or $0.88 per

After weak start to 2023, Apple (AAPL) sees some bright spots

Apple Inc. (NASDAQ: AAPL) this week reported its first revenue decline in more than three years, even as the high inflation continues to squeeze customers’ spending power. Sales of the

Earnings: Qualcomm (QCOM) Q1 profit falls on lower revenues

Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5

Tags

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top