SoFi Technologies, Inc. Reports Third Quarter 2023 Results

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SoFi Technologies (SOFI) shares rally following earnings, revenue beat

October 30, 2023 7:56 AM EDT

SoFi Technologies (NASDAQ: SOFI) shares have jumped premarket Monday after the company's latest quarterly earnings topped analyst consensus expectations, while it also raised its full-year guidance.

SoFi reported a Q3 loss per share of $0.03, $0.05 better than the analyst estimate of a $0.08 loss per share. Revenue for the quarter was $537 million, jumping 27% YoY and coming in above... More