On Deck Capital sees Q1 revenue $86M-$90M, consensus $91.32M
sees Q1 GAAP Net income ($5.5M)-($1.5M); adjusted Net income $1M-$5M. This outlook assumes 5%-10% sequential originations growth and approximately $43M of operating expense which includes the $3.2M charge for the partial termination of our New York office lease. OnDeck also noted that it may be able to make additional dispositions of portions of its office space during 2018, which would produce multi-year savings but would likely require cash or non-cash charges or both in the quarter the transactions are booked. OnDeck's Q1 and FY18 guidance includes the $3.2M charge related to the partial termination of New York office lease. Any future real estate disposition charges are not included.