Nov 6 (Reuters) - OnDeck Capital Inc on Tuesday reported a quarterly profit from a year-ago loss, as the online lender benefited from higher interest income.
New York-based OnDeck posted net income attributable to common shareholders of $9.8 million, or 12 cents per share, in the quarter ended Sept. 30, compared with a loss of $4.1 million, or 6 cents per share, a year earlier.(reut.rs/2OtChp2)
Net revenue rose 60 percent to $52.2 million.
The company also raised its full-year earnings outlook. (Reporting by Bharath Manjesh in Bengaluru; Editing by Shailesh Kuber)