Online Lender SoFi Jumps 14% On Better-Than-Expected Q3 Results
The company lost $0.09 per share on revenue of $424 million. Those results marked year-over-year increases on both the top- and bottom lines, and came in ahead of views.Revenue grew at mid-to-high double-digit rates in each of the past six quarters.The company raised its full-year guidance.Analysts have a “moderate buy” rating on the stock with the potential for a 116.13% upside.Shares of online lender SoFi Technologies (NASDAQ:SOFI) were up more than 14% Tuesday following a better-than-expected third-quarter report. The company lost $0.09 per share on revenue of $424 million. Q3 2022 hedge fu...