SoFi's stock pops after earnings as loan volumes surge

SoFi Technologies Inc. shares surged 7% in Monday’s premarket action after the financial-technology company posted a large revenue beat for the latest quarter and gave an upbeat outlook.

SoFi SOFI, -0.43% said that, excluding the impact of non-cash impairment charges, it would have seen a 3-cent loss per share, “which reinforces our confidence in achieving positive GAAP net income in the fourth quarter of 2023.” Revenue rose to $537 million from $424 million a year before, while analysts were expecting $518 million.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

GM, Disney, Alphabet, Western Digital, SoFi, Apple, and More Stock Market MoversThe United Auto Workers union announces a strike at another General Motors plant, Nelson Peltz's push for board seats at Disney gets a boost, and results...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

SoFi Will Post Earnings Monday. What to Expect.The fintech reports its earnings before the start of trading. The stock has had a fantastic year.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »