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OneDay4488

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Re: infamous post# 713

Wednesday, 05/11/2022 3:41:10 PM

Wednesday, May 11, 2022 3:41:10 PM

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SoFi Technologies, Inc. Reports First Quarter 2022 Results

Source: Business Wire
Record GAAP and Adjusted Net Revenue for First Quarter 2022
GAAP Net Revenue of $330 Million Up 69%; $322 Million Record Adjusted Net Revenue Up 49% Year-over-Year
Adjusted EBITDA of $9 Million Positive for Seventh Straight Quarter
New Member Adds of 408,000; Quarter-End Total Members Up 70% Year-over-Year to Nearly 3.9 Million
New Product Adds of 689,000; Quarter-End Total Products Up 84% Year-over-Year to Nearly 5.9 Million
Management Raises Full-Year 2022 Guidance
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