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SoFi Technologies (SOFI)
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was principally a forward-expectations re-rating , not just a one-quarter earnings beat.
Clear Q3 beat: adjusted EPS was $0.18 , versus $0.17 consensus—a 5.9% beat. Revenue was reported at roughly $1.37 billion , compared with about $1.26 billion expected—a 9.2% beat. Adjusted EBITDA also exceeded consensus by more than $40 million.
Tiger News
Tiger News
Growth remained unusually strong: Q3 revenue grew 44% year over year to a record level; net income reached $241 million . Membership rose 35% to 17.1 million , with a record 1.2 mill