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

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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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