SoFi Techs Q2 2024 GAAP EPS $0.01, Inline, Sales $599.00M Beat $564.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
SoFi Techs (NASDAQ:SOFI) reported Q2 2024 GAAP EPS of $0.01, meeting analyst expectations. The company achieved sales of $599.00 million, surpassing the $564.59 million estimate by 6.09%, and marking a 22.54% increase from the same period last year.
July 30, 2024 | 11:01 am
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SoFi Techs reported Q2 2024 GAAP EPS of $0.01, in line with expectations, and sales of $599.00 million, beating estimates by 6.09%. This represents a 22.54% increase from the same period last year.
The earnings report shows that SoFi Techs met EPS expectations and significantly exceeded sales estimates, indicating strong financial performance and growth. This positive news is likely to boost investor confidence and drive the stock price up in the short term.
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