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BTCC / BTCC Square / Global Cryptocurrency /
SoFi Technologies Stock Surges on Strong Q2 Earnings Beat

SoFi Technologies Stock Surges on Strong Q2 Earnings Beat

Author:
Global Cryptocurrency
Published:
2025-07-29 21:21:01
13
1
BTCCSquare news:

SoFi Technologies (SOFI) shares jumped 14% intraday after delivering a robust Q2 earnings surprise. The fintech posted $0.08 GAAP EPS versus $0.06 estimates, with revenue hitting $858.2 million against $804.4 million projections. Year-over-year growth metrics impressed—43% revenue expansion and 700% net income surge—marking seven consecutive profitable quarters.

Member growth accelerated to 11.7 million (+34% YoY), with financial product adoption keeping pace. The stock's near-tripling over twelve months now prices SoFi at 41x trailing earnings, a premium valuation that reflects its transition from disruptor to established digital banking player.

|Square

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