Category: Finance
SoFi Technologies Inc reported a fourth-quarter adjusted sales of $739.11 million, exceeding analyst expectations. The company saw a 24% year-over-year revenue increase, with significant growth in financial services and lending segments. SoFi added 785,000 new members, bringing the total to 10.1 million. The outlook for 2025 includes projected adjusted net revenue of $3.200 billion to $3.275 billion, indicating continued growth despite a recent stock price decline of 12.1%.
Keywords: SoFi Technologies, Q4 Earnings, Stock Price Decline
Update At: 1/28/2025