Feb 13 (Reuters) - Online lender OnDeck Capital Inc on Tuesday reported a fourth-quarter profit, compared with a year-ago loss, as it set aside lesser money for bad loans and costs fell.
Net income attributable to common shareholders was $5.1 million, or 7 cents per share, in the quarter ended Dec. 31, compared with a loss of $35.9 million, or 50 cents per share, a year earlier. (reut.rs/2BVGEHI)
Net revenue rose to $42.1 million from $16.3 million. (Reporting By Aparajita Saxena in Bengaluru; Editing by Savio D’Souza)