5 Important Takeaways From SoFi's Blowout Earnings Report
SoFi Technologies (NASDAQ: SOFI) recently reported its second-quarter earnings, and the stock soared to a multiyear high. Not only were the numbers generally stronger than analysts had been looking for, but the company also is growing in all the right ways and has big plans.
With that in mind, here are some of the key takeaways from SoFi's earnings report that you need to know, and what to keep an eye on.
In the second quarter, revenue growth was 44% year over year, an acceleration over its prior rate. The company grew its membership base by 34% year over year, adding 846,000 new members, the highest single-quarter total ever.
Source Fool.com
