2 hours ago

SoFi Stock Posts Strong Q3 Profit, Yet a Revenue Question Persists

TLDR SoFi added a record 1.2 million members in Q3, bringing its customer base to 17.1 million. Financial Services revenue per product fell to $90 from $104 a year earlier. Total products increased 44% to 26.7 million as customers added more financial services. Adjusted quarterly revenue climbed 44% to $1.4 billion, while adjusted net income [...]

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