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Why SOFI Stock Is a Fintech to Own for the Next 10 Years
SOFISoFi Technologies(SOFI) investorplace.com·2024-05-23 18:05

The company exceeded market estimates two consecutive times in a row, especially its Financial Services and Technology Platforms. These segments saw significant sales growth, emphasizing SoFi's diversified revenue streams beyond lending. Its SoFi's earnings report revealed a 26% year-over-year increase in net sales, with its financial services segment soaring by 33%. The company maintained a solid top line despite concerns about high interest rates. Losing over 18% of its value because of a challenging mark ...