07:44 AM EDT, 10/29/2024 (MT Newswires) -- SoFi Technologies ( SOFI ) reported Q3 earnings Tuesday of $0.05 per diluted share, swinging from a net loss of $0.29 per share a year earlier.

Analysts polled by Capital IQ expected $0.04 in earnings per share.

Total net revenue for the quarter ended Sept. 30 was $697.1 million, compared with $537.2 million a year earlier.

Analysts polled by Capital IQ expected $633.8 million.

The company said it now expects full-year EPS of $0.11 to $0.12, up from its previous forecast of $0.09 to $0.10. Analysts polled by Capital IQ expect $0.11.

Shares of SoFi Technologies ( SOFI ) were up more than 3% in recent premarket activity.

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