SoFi Sees FY24 Revenue $2.425B-$4.465B Vs $2.783B Estimate, $2.39B-$2.43B Prior
Portfolio Pulse from Benzinga Newsdesk
SoFi Technologies has updated its FY24 revenue guidance to a range of $2.425 billion to $4.465 billion, compared to the previous estimate of $2.783 billion and prior guidance of $2.39 billion to $2.43 billion.

July 30, 2024 | 11:12 am
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SoFi Technologies has revised its FY24 revenue guidance to a range of $2.425 billion to $4.465 billion, which is higher than the prior guidance but has a wide range compared to the previous estimate.
The updated revenue guidance is higher than the prior guidance, which is a positive indicator. However, the wide range compared to the previous estimate introduces some uncertainty.
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