On Deck Capital, Inc. provided earnings guidance for third quarter and full-year financial 2019. For the quarter, the company expected gross revenue between $108 million and $112 million and net income between $1 million and $5 million.

For full year, the company expected gross revenue of $438 million to $448 million and net income of $12 million to $20 million.

The company took a $0.9 million impairment charge for the quarter ended June 30, 2019 for the remaining capitalized technology supporting JPM originations.