FMP
Feb 1, 2023 11:15 AM - Davit Kirakosyan(Last modified: Dec 19, 2023 6:49 PM)
Image credit: FMP
SoFi Technologies (NASDAQ: SOFI) shares gained more than 12% on Monday after the company reported its Q4 results, with EPS of ($0.05) coming in better than the Street estimate of ($0.09). Revenue was $443.42 million, beating the Street estimate of $425.37 million.
The company expects Q1/23 revenue to be in the range of $430-440 million, compared to the Street estimate of $425.84 million. For fiscal 2023, the company expects revenue in the range of $1.925-2.0 billion (up 25–30% year-over-year), better than the Street estimate of $1.53 billion. Adjusted EBITDA is expected around $260–280 million at a 30% incremental EBITDA margin.
Management expects to reach quarterly GAAP net income profitability by Q4/23, with GAAP net income incremental margins of 20% for 2023.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...