SoFi Technologies (NASDAQ:SOFI) delivered another strong quarter this week, exceeding both revenue and EPS estimates, and capped off a record fiscal year. Notably, this marked its first full year of profitability in each quarter. The stock has surged over 120% in the past year, driven by consistent execution and the success of its unconventional strategy under CEO Anthony Noto.
The company’s guidance signals continued growth ahead, with fiscal 2025 revenue projections surpassing expectations. However, EPS guidance came in slightly below estimates, raising some questions. Another concern that remains is the resilience of their largely unsecured loan book in a recessionary environment. For more details, key highlights, and commentary, check out the high-level earnings summary.
