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SoFi Technologies reported robust Q2 earnings with record loan originations and a 17.6% stock surge.
SoFi Technologies posted strong second-quarter earnings, with shares soaring 17.6% as the digital finance company reported record loan originations and GAAP profitability for the seventh straight quarter.
Revenue rose 44% year-over-year to $858 million, with personal loans up 66%, student loans up 35%, and home loans nearly doubling.
SoFi added 850,000 new members, totaling 11.7 million, and raised full-year revenue guidance to $3.375 billion.
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SoFi Technologies reportó ganancias robustas en el segundo trimestre con préstamos récord y un aumento de las acciones del 17,6%.