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SoFi Stock Rises on Record Q3 Results and Upgraded Guidance

SoFi Stock Rises on Record Q3 Results and Upgraded Guidance

Author:

Global Cryptocurrency

Published:

2025-10-28 14:15:02

16

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BTCCSquare news:

SoFi Technologies (SOFI) shares climbed more than 3% in pre-market trading following a stronger-than-expected third-quarter performance. The fintech firm posted adjusted net revenue of $950 million, surpassing analyst estimates of $889 million and marking a 38% year-over-year increase. Earnings per share reached 11 cents, beating consensus projections by 3 cents.

The company's upward revision of full-year profit guidance signals confidence in sustained growth. While the report highlights traditional fintech strength, the absence of cryptocurrency-related developments underscores the sector's evolving divergence from digital asset markets.

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