SoFi’s stock sinks as a mixed outlook overshadowed strong Q4 results that included the biggest revenue beat in about three years.

SoFi Technologies pointed to "macro assumptions" in giving weaker-than-expected quarterly and full-year guidance.

SoFi Technologies reported quarterly earnings and revenue above analysts’ estimates, and CEO Anthony Noto described 2024 as the fintech’s “best year ever.” For its first quarter, SoFi forecast adjusted net revenue between $725 million and $745 million and earnings of 3 cents per share,

Fintech leader SoFi (NASDAQ: SOFI) plunged on Monday morning, despite reporting better-than-expected earnings for the fourth quarter. As of 10 a.m. ET, SoFi's stock was down by about 10% for the day in volatile trading.

SoFi posted adjusted earnings per share of 5 cents, beating Wall Street’s call for 4 cents, according to FactSet. Adjusted net revenue of $739 million wa