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SoFi Technologies reports Q4 adjusted EPS 5c, consensus 4c

Reports Q4 revenue $734.13M, consensus $682.2M. The company said, “In the fourth quarter, our Financial Services and Tech Platform segments made up a record 49% of SoFi‘s adjusted net revenue, up from 40% in the year ago quarter. These businesses grew revenue by a combined 52% year-over-year, a testament to our continued execution and deliberate shift towards capital-light, higher ROE, cash, fee based revenue streams.”

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