May 8 (Reuters) - Online lender OnDeck Capital Inc on Monday posted a smaller loss compared with a year-ago period, helped by an uptick in interest income.
Net loss attributable to shareholders narrowed to $11.06 million, or 15 cents per share, in the first quarter ended March 31, from $12.57 million, or 18 cents per share, a year earlier.
This is OnDeck’s sixth straight quarter of losses.
Net revenue rose 12.6 percent to $35.44 million. (Reporting by Nikhil Subba in Bengaluru; Editing by Arun Koyyur)