SoFi raises outlook after adjusted revenue grows 44%

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Facts. On October 27, SoFi reported quarterly adjusted net revenue of $1.4 billion, up 44% year over year, and net income of $241 million. It raised its full-year adjusted net revenue outlook to $5.04 billion.

Why it matters. The results show growth at a platform combining lending and digital financial services.

Rockstar Briefing analysis. The outlook is a forecast, not a guaranteed outcome. Investors should monitor credit quality and distinguish adjusted figures from GAAP results.

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