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SoFi Technologies Surges 13.42% on Strong Q3 Results and Raised Guidance

The Motley Fool +1 · ·by G4L

SOFI
SOFI SoFi Technologies Inc
$16.37 -2.27%
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UPST UPST -8.27%
  1. 1SoFi Technologies closed at $16.40, up 13.42%.
  2. 2SoFi Technologies exceeded Q3 revenue and profit estimates and raised its annual guidance.
  3. 3CEO Anthony Noto explained there is a clear path to achieving 100 million products by the end of 2030, a fourfold increase from current levels.

So what's the key point?

SoFi Technologies announced that its Q3 revenue and profit were higher than expected. The company also raised its outlook for how much money it will earn over the next year.

Source The Motley Fool +1 · View original ↗

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