Transaction Valued at $1.38 Per Share, Including $0.12 in Cash; Represents 90.4% Premium to OnDeck’s Closing Price as of July 27, 2020 Highly Accretive Transaction with Significant Cost and Revenue Synergy Opportunities Combines World-Class Capabilities in Consumer and Small Business Online Lending Creating a Company with Scale and Financial Strength to Drive Further Growth and ...
First quarter 2020 revenue grew 37% compared to a year ago to $362 million, and net income from continuing operations, adjusted EBITDA, diluted earnings per share, and adjusted earnings per share were $5.7 million, $36.2 million, $0.18 and $0.26, respectively At March 31, cash and marketable securities totaled $214 million, and available capacity on committed ...
Fourth quarter 2019 revenue grew 25% compared to a year ago to $345 million and adjusted EBITDA grew 34% to $66 million Total combined loans and finance receivables outstanding grew 33% year-over-year to $1.3 billion at the end of the fourth quarter, driven by a 73% increase in line of credit receivables and a 29% ...
CHICAGO, October 28, 2019 – This press release corrects the narrative in the “Outlook” section and two corresponding tables in the prior version published on October 24, 2019. The changes relate solely to the presentation of the impact of the charge relating to discontinued operations, and do not alter the Company’s estimate of adjusted earnings ...
