SoFi hits a record for new customers, and its stock is rising - MarketWatch
1. SoFi gained 800,000 new customers last quarter, exceeding expectations. 2. Q1 adjusted net revenue reached $771 million, beating $739 million forecasts. 3. Fee-based revenue surged 67% year-over-year, hitting a record $315 million. 4. SoFi profits doubled analyst estimates, achieving 6 cents earnings per share. 5. Full-year revenue forecast increased to $3.235-$3.310 billion from $3.200-$3.275 billion.