SoFi stock surges after earnings beat as company lifts forecast

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Net Revenue of $424 Million Up 56%;
$419 Million Adjusted Net Revenue Up 51% Year-over-Year;
Record Adjusted EBITDA of $44 Million Up 332% Year-over-Year and Up 118% Sequentially;
New Member Adds of Nearly 424,000;
Quarter-End Total Members Up 61% Year-over-Year to Over 4.7;
Million New Product Adds of Over 635,000; Quarter-End Total Products Up 69%;
Year-over-Year to Nearly 7.2;
Million Management Raises Full-Year 2022 Guidance

And full disclosure – I have 10K commons that I bought at 4.85 and a ton of 6C expiring this week. Have a bloody nice rest of the week everyone!

Side note – who does these beatings across the board in a time like this, and in fintech industry, and with no loans? Aye.

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