SoFi Technologies (SOFI) Shares Surge 20% Following Q4 Results
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SoFi Technologies Reports Fourth Quarter and Fiscal Year 2021 Results
March 1, 2022 4:10 PM EST
Record GAAP and Adjusted Revenue for Fourth Quarter and Full Year 2021
Fourth Quarter $286 Million GAAP Revenue Up 67%, $280 Million Adjusted Revenue Up 54% Year-over-Year
Fourth Quarter Adjusted EBITDA of $5 Million Positive for 6th Straight Quarter
Record 523,000 Quarterly New Member Adds Up 39% Sequentially
Record 906,000 Quarterly New Product Adds Up 51% Sequentially
SAN FRANCISCO--(BUSINESS WIRE)-- 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... More
