SoFi Technologies (SOFI) February weekly 7.5 straddle into quarter results

Go back to SoFi Technologies (SOFI) February weekly 7.5 straddle into quarter results

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

January 29, 2024 7:55 AM EST

SoFi Technologies (NASDAQ: SOFI) shares surged more than 10% Monday after the company reported its latest quarterly earnings, topping consensus expectations.

The online personal finance company reported Q4 EPS of $0.02, $0.02 better than the analyst estimate of $0.00, while revenue for the quarter came in at $594.2 million, up 34% year-on-year and above the consensus estimate of $571.83 million.

SoFi also reported quarterly new member adds of nearly 585,000, with total members rising 44% year-on-year... More