$SOFI Technologies reported Q3 2023 results.
Total GAAP revenue increased 27% year-over-year to $537 million. Adjusted sales, which exclude one-time items, were $531 million, up 27% year-over-year. Adjusted operating EBITDA was a record $98 million, up 121% year-over-year.
The company recorded a record number of new members, 717,000 for the quarter.
How pleased are you with the results?
The stock has bounced nicely, but how long can it keep it up?
They never fail... Profitable in Q4!