07:27 AM EDT, 04/29/2024 (MT Newswires) -- SoFi Technologies ( SOFI ) reported Q1 earnings Monday of $0.02 per diluted share, swinging from a $0.05 loss per share a year earlier.

Analysts polled by Capital IQ expected GAAP EPS of $0.01.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $645 million compared with $472.2 million a year earlier.

Analysts polled by Capital IQ expected $559.5 million.

The company raised its full-year EPS outlook to $0.08 to $0.09 from the previous range of $0.07 to $0.08. Analysts polled by Capital IQ expect $0.7.

Shares of SoFi Technologies ( SOFI ) were up more than 4% premarket.

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