SoFi stock soars on record sales and adjusted profit

SoFi technology Shares rallied after the financial services company posted record adjusted earnings before interest, taxes, depreciation and amortization, as well as an upbeat forecast.

Adjusted Ebitda hit $70.1 million, beating the $43 million consensus among analysts tracked by FactSet. Adjusted net sales hit a record $443.42 million, while analysts were predicting $425.6 million.


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