SoFi Technologies, Inc.

SOFI

US83406F1021

Consumer Lending

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-17 pm EST			5-day change	1st Jan Change
16.50 ^USD	+1.23%		+17.27%	+7.14%

Jan. 16	SoFi Technologies Reports $525 Million Securitization Deal With PGIM Fixed Income	MT
Jan. 15	Warner Bros. Discovery Appoints Anthony Noto, Joey Levin as Directors	MT

SoFi Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

October 29, 2024 at 07:00 am EDT

SoFi Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported revenue was USD 723.37 million compared to USD 564.27 million a year ago. Net income was USD 60.75 million compared to net loss of USD 266.68 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to diluted loss per share from continuing operations of USD 0.29 a year ago.
For the nine months, revenue was USD 2,063.88 million compared to USD 1,405.83 million a year ago. Net income was USD 166.19 million compared to net loss of USD 348.66 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to basic loss per share from continuing operations of USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to diluted loss per share from continuing operations of USD 0.4 a year ago.

Latest news about SoFi Technologies, Inc.

SoFi Technologies Reports $525 Million Securitization Deal With PGIM Fixed Income	Jan. 16	MT
Warner Bros. Discovery Appoints Anthony Noto, Joey Levin as Directors	Jan. 15	MT
Warner Bros Discovery adds SoFi CEO, outgoing IAC chief executive to board	Jan. 14	RE
Warner Bros. Discovery, Inc. Announces Board Appointments	Jan. 14	CI
SoFi Technologies, Inc. Announces Resignation of Michael Bingle as Director, Effective January 13, 2025	Jan. 10	CI
Analyst recommendations: Block, JPMorgan Chase, Tesla, Shell, Polaris...	Jan. 03
Wall Street ends lower on first trading session of 2025; Tesla weighs	Jan. 02	RE
US Equities Markets End Higher as US Treasury Yields Increase	Jan. 02	MT
SoFi Technologies Shares Fall After Keefe, Bruyette & Woods Downgrade	Jan. 02	MT
SoFi shares fall after KBW downgrade on valuation concerns	Jan. 02	RE
2025: A year of financial uncertainty?	Jan. 02
Keefe, Bruyette & Woods Downgrades SoFi Technologies to Underperform From Market Perform, Raises Price Target to $8 From $7	Jan. 02	MT
Futures rise ahead of Wall St's first trading session in 2025	Jan. 02	RE
Analyst recommendations: Alphabet, Cbre Group, Lockheed Martin, Uber, Cloudflare...	Jan. 02
Hawkish hints spook investors	Dec. 19
Analyst recommendations: Broadcom, Fortinet, HP, Snowflake, Tapestry...	Dec. 19
BofA Securities Downgrades SoFi Technologies to Underperform, $12 Price Target	Dec. 09	MT
SoFi Technologies, Inc. Presents at UBS Global Technology and AI Conference, Dec-03-2024 12:55 PM	Dec. 03
Trade tensions and tariff tremors	Dec. 02
Analyst recommendations: Cloudflare, Toast, Netflix, Robinhood, HSBC...	Dec. 02
Analyst recommendations: Chevron, Morgan Stanley, Goldman Sachs, Affirm Holdings, Moderna...	Nov. 26
SoFi Technologies Announces the Launch of New Robbo-Advisor Platform	Nov. 12	CI
UBS Adjusts Price Target on SoFi Technologies to $10.50 From $7.50, Maintains Neutral Rating	24-10-31	MT
Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Reddit to Advance, Advanced Micro Devices to Decline	24-10-30	MT
Financials Down on Volatility Fears -- Financials Roundup	24-10-29	DJ

Chart SoFi Technologies, Inc.

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SOFI: Dynamic Chart

Company Profile

SoFi Technologies, Inc. is a provider of financial services. The Company, through its lending and financial services products, allows members to borrow, save, spend, invest, and protect their money. It operates through three segments: Lending, Technology Platform and Financial Services. The Lending Segment offers personal loans, student loans, home loans and related servicing. Its platform supports the full transaction lifecycle, including credit application, underwriting, approval, funding, and servicing. The Technology Platform segment provide technology platform services through a diversified suite of offerings which include an event and authorization platform accessed via application programming interfaces, a cloud-native digital and core banking platform and services related to both platforms. The Financial Services segment include SoFi Money, SoFi Invest, and other services, including SoFi Credit Card, Lantern Credit, SoFi Relay, SoFi Protect, and SoFi Travel.

Employees

4,400

Sector

Consumer Lending

Calendar

2025-01-27 - Q4 2024 Earnings Release

More about the company