SoFi Stock Soars After First Quarterly Profit

Key TakeawaysSoFi reported its first quarterly profit Monday, as its lending and non-lending segments gained.SoFi added 585,000 members in the fourth quarter for a total of 7.54 million, a 44% jump from 2022.SoFi's full-year earnings and revenue outlooks were above estimates.SoFi Technologies Inc. (SOFI) shares jumped over 19% in intraday trading Monday after the online bank and personal finance lender posted its first quarterly profit Monday as sales and membership soared for the fourth quarter.The Califor ...