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Benzinga
Benzinga
Business
Henry Khederian

While Investors Scrutinize SoFi's Recent Stock Offering, Strong Earnings Continue To Steer The Conversation

SOFI SoFi Technologies SoFi Technologies Inc
San,Francisco,,Ca,,Usa,-,May,1,,2022:,Sofi,Logo

Shares of SoFi Technologies Inc (NASDAQ:SOFI) are trading flat on Friday, capping a volatile period that has seen the stock climb approximately 10% over the past month. The recent gains were primarily fueled by a strong second-quarter earnings report where the company surpassed Wall Street expectations.

What To Know: SoFi posted second-quarter revenue of $655.8 million, driven by robust growth in its loan origination platform. The fintech firm also raised its full-year 2025 guidance, now anticipating net revenue between $2.335 billion and $2.375 billion and projecting earnings per share of 31 cents.

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