SoFi (SOFI -10.27%) recently reported fourth-quarter earnings that handily beat expectations on both top and bottom lines, but the stock price went down anyway. In this video, I take a closer look at the numbers, discuss why the stock is falling, and show why investors shouldn't panic.
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SoFi Technologies reported strong Q4 results, beating revenue and earnings estimates, and ending FY 2024 with over 10M accounts in its ecosystem, showing robust customer acquisition. Despite a slight EPS guidance miss for FY 2025, SoFi's financial services and Galileo segments drove significant revenue and adjusted EBITDA growth. Shares dropped 10% after the guidance presentation, but SoFi's growth prospects remain strong, driven by financial services momentum.
Anthony Noto, SoFi CEO, discusses wanting to offer cryptocurrency again through the platform if regulation changes allow for it.
Despite delivering yet another impressive quarterly report, SoFi Technologies, Inc.'s stock is taking a double-digit percentage dip. In this report, we review SoFi's Q4 2024 results, forward guidance, and long-term risk/reward to see if the earnings dip is a buying opportunity. SoFi's profitable growth story has legs, but has the stock rallied too far too fast? Read on to learn more.
SoFi CEO Anthony Noto says they would absolutely provide cryptocurrency services if regulations were cleared to do so in the US. He joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.
SoFi Technologies, Inc. (NASDAQ:SOFI ) Q4 2024 Earnings Conference Call January 27, 2025 8:00 AM ET Company Participants Anthony Noto - CEO Chris Lapointe - CFO Conference Call Participants Kyle Peterson - Needham and Co. Dan Dolev - Mizuho Terry Ma - Barclays John Hecht - Jefferies Mihir Bhatia - Bank of America Reggie Smith - JPMorgan Andrew Jeffrey - William Blair Jeff Adelson - Morgan Stanley Operator Good morning or good afternoon all. My name is Adam, and I will be your conference operator today.
Anthony Noto, SoFi CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, if there's a new chapter in the loan cycle, and much more.
Earnings season can be overwhelming for investors trying to stay on top of the day-to-day news flurry.
In this video, I will be going over SoFi Technologies' (SOFI -8.37%) fourth-quarter earnings report and key comments made by management during the earnings call. Watch the short video to learn more, consider subscribing, and click the special offer link below.
SoFi Technologies' drive toward cementing its financial services ecosystem status continues — with gains across consumer-focused lending and direct deposits. The data also showed notable momentum in its tech platform, which is geared toward linking banks and FinTechs to various digital banking services.
Fintech leader SoFi (SOFI -10.83%) plunged on Monday morning, despite reporting better-than-expected earnings for the fourth quarter. As of 10 a.m.