Upstart ($UPST) beats earnings, stock is down 35 percent AH.

Basically the title. What are we thinking of this?

They beat on EPS and revenue for the quarter:

Q1 EPS $0.61 Beats $0.51 Estimate, Sales $310M Beat $300

However guidance is no revenue growth (small decline) for next quarter and (4) to 0 in net income for the next quarter. Market is punishing guidance hard.