SoFi Technologies Q3 Earnings: Revenue Beat, EPS Beat, Raised Guidance Following 'Strongest Quarter' Ever

2024-10-29 351

SoFi shares surged Tuesday morning following strong third-quarter results. SoFi's adjusted sales and earnings per share exceeded analyst expectations in the third quarter. SoFi added over 750,000 new members in the third quarter, marking a 35% year-over-year increase. CEO Anthony Noto highlighted that this was the strongest quarter in the company's history, underscoring the brand’s ability to attract members and deliver sustained growth.