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SoFi just beat expectations with its first-ever GAAP net profit.

SoFi Technologies (NASDAQ:SOFI – Get Free Report) announced its earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, MarketWatch Earnings reports. SoFi Technologies had a negative return on equity of 2.92% and a negative net margin of 20.31%. The firm had revenue of $615.40 million during the quarter, compared […]

By making it cheaper to adopt its subscription-based Rise with SAP cloud offering, the company hopes to counter complaints about its cloud-only innovation strategy.

SoFi Technologies, Inc. beats earnings expectations. Reported EPS is $0.02, expectations were $-0.29955. SoFi Technologies, Inc.

Record Revenue and Member Growth Highlight SoFi's Accelerating Performance

SoFi Invest members will now be able to invest in mutual funds and money market funds as well as select alternative investments ...

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 ...

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

SoFi Technologies, Inc. reported strong Q4 and FY 2023 financials, with a 35% increase in GAAP net revenue to $615 million, and a 34% rise in adjusted net revenue to $594 million. Membership grew by...

SoFi Technologies stock flew higher on Monday after the company posted fourth-quarter earnings and revealed a major milestone.