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SoFi Technologies Q2 revenue grows 40% amid stock price decline

The Motley Fool +1 ·

SOFI
SOFI SoFi Technologies Inc
$14.77 -0.87%
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  1. 1SoFi Technologies stock has fallen more than 50% from its November peak.
  2. 2SoFi Technologies Q2 revenue grew 40% year-over-year to reach $1.2 billion.
  3. 3SoFi Technologies Q2 total customer count reached a record high of 15.8 million.

So what's the key point?

SoFi Technologies revenue increased by 40% and the number of customers reached an all-time high. While the stock price has dropped significantly, the business is growing.

Source The Motley Fool +1 · View original ↗

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