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SoFi Technologies Inc. (SOFI) CEO Anthony Noto on Q2 2022 Results - Earnings Call Transcript

Aug. 02, 2022 9:01 PM ETSoFi Technologies, Inc. (SOFI), SOFIW2 Comments
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SoFi Technologies Inc. (NASDAQ:SOFI) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET

Company Participants

Anthony Noto - CEO

Chris Lapointe - CFO

Conference Call Participants

Kevin Barker - Piper Sandler

Dan Dolev - Mizuho

Dominick Gabriele - Oppenheimer

Moshe Orenbuch - Credit Suisse

John Hecht - Jefferies

Jeff Adelson - Morgan Stanley

Eugene Simuni - MoffatNathanson


Good afternoon, and thank you for attending today's SoFi Q2 2022 Earnings Conference Call. All lines will be muted during the presentation portion of the call, to an opportunity for the question and answers at the end.

At this time, I would now like to turn the conference over to our host, [Mara Sear] from SoFi Investor Relations.

Mara, please proceed.

Unidentified Company Representative

Thank you, and good afternoon. Welcome to SoFi's second quarter 2022 earnings conference call.

Joining me today to talk about our results and recent events are Anthony Noto, CEO; and Chris Lapointe, CFO. You can find the presentation accompanying our earnings release on the Investor Relations section of our website.

Our remarks today will include forward-looking statements that are based on our current expectations and forecasts and involve risks and uncertainties. These statements include, but are not limited to, our competitive advantages and strategy, macroeconomic conditions and outlook, future products and services and future business and financial performance. Our actual results may differ materially from those contemplated by these forward-looking statements. Factors that could cause these results to differ materially are described in today's press release and our most recent Form 10-K as filed with the Securities and Exchange Commission as well as our subsequent filings made with the SEC, including our upcoming Form 10-Q. Any forward-looking statements that we make on this call are based on assumptions as of today, and we undertake no obligation to update these statements as a result of new information

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Comments (2)

I like their coming offerings, like a stock brokerage platform.
Value Investment Club profile picture
This is a solid company. Growing the deposit base by $100M per week is huge. Even with headwinds out of their control, they are controlling the markets in their power and delivering. Every excited about this company, maybe the rest of the market will get on board and realize this is a solid investment.
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