SoFi (SOFI) rises as company hikes 2024 EBITDA guidance after Q1 beat

Go back to SoFi (SOFI) rises as company hikes 2024 EBITDA guidance after Q1 beat

SoFi Technologies Reports Q1 2024 Net Revenue of $645 Million and Net Income of $88 Million, Marking Second Consecutive Quarter of GAAP Profitability

April 29, 2024 7:00 AM EDT

54% Combined Revenue Growth in Tech Platform and Financial Services Segments Drove 26% Growth in Total Adjusted Net Revenue

Management Raises FY 24 Guidance

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 its first quarter ended March 31, 2024.

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