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SoFi Technologies (SOFI) shares jump as earnings, revenue top consensus estimates

SoFi Technologies (SOFI) shares jump as earnings, revenue top consensus estimates
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SoFi Technologies Inc (SOFI) Reports Strong Q4 and Fiscal Year 2023 Results

Record Revenue and Member Growth Highlight SoFi's Accelerating Performance

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SoFi Technologies (SOFI) Tops Q4 EPS by 2c, Offers Guidance

SoFi Technologies (SOFI) Tops Q4 EPS by 2c, Offers Guidance
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SoFi Technologies, Inc Reports Fourth Quarter and Fiscal Year 2023 Results

29.01.2024 - SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results today for its fourth quarter and fiscal year .

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Why Is SoFi Technologies Stock Shooting Upwards Monday?

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading higher after the company reported better-than-expected fiscal fourth-quarter 2023 results. Adjusted revenue increased 34% year-on-year to $594.25 million, beating the consensus of $571.70 million. The adjusted EPS of $0.02 beat the consensus of $0.00. SoFi added 585,000 new members in the quarter, bringing its total member count to over 7.5 million (+44% Y/Y). SoFi also added 695,000 new products in the quarter, with a total count of over 11

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