Ondeck Investment news and trends

OnDeck Flips To Profitability Much To The Market’s Delight

February 14, 2018
Interviews & Exclusives
OnDeck Flips To Profitability Much To The Market’s Delight

February 14, 2018
After a series of earning performances that left investors disappointed, OnDeck reported a profitable Q4. That performance is largely credited to fewer charge-offs and a reduction in the costs of originating loans. The mood during the earnings call was also somewhat lighter and improved, too. “2017 was a transformative year for OnDeck,” CEO Noah Breslow noted at the beginning of his […]