SoFi Technologies GAAP EPS of -$0.12 beats by $0.01, revenue of $356.09M beats by $11.62M, raises FY22 revenue guidance

Aug. 02, 2022 4:14 PM ETSoFi Technologies, Inc. (SOFI)By: Gaurav Batavia, SA News Editor31 Comments
  • SoFi Technologies press release (NASDAQ:SOFI): Q2 GAAP EPS of -$0.12 beats by $0.01.
  • Revenue of $356.09M (+50.1% Y/Y) beats by $11.62M.
  • Shares +4%.
  • New Member Adds of Over 450,000; Quarter-End Total Members Up 69% Year-over-Year to Over 4.3 Million
  • New Product Adds of Over 702,000; Quarter-End Total Products Up 79% Year-over-Year to Nearly 6.6 Million
  • Management now expects full-year 2022 adjusted net revenue of $1.508-1.513 billion (up from $1.505-1.510 billion previously) and full-year adjusted EBITDA of $104-109 million (up from $100-105 million previously).

Recommended For You

Comments (31)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.