Tag Archives: Estimated

Sofi Tanks as it Posts Higher Than Estimated Q2 Loss; Reiterates Outlook

Sofi Tanks as it Posts Higher Than Estimated Q2 Loss; Reiterates Outlook

By Dhirendra Tripathi Investing.com – SoFi Technologies stock (NASDAQ:SOFI) slumped 14% Friday after a second quarter loss that was wider than expected. The fintech reiterated its 2021 outlook. For the full-year, it forecasts adjusted net revenue of $980 million and adjusted earnings before interest, taxes, depreciation and amortization of $27 million. The company has already logged $453.25 million in revenue in the first six months of the year. Its second-quarter adjusted net revenue jumped… Source link

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Alibaba-Backed Ant Group's Valuation Estimated To Drop To $108B – Yahoo Finance

Alibaba-Backed Ant Group's Valuation Estimated To Drop To 8B – Yahoo Finance

TipRanks 2 “Strong Buy” FAANG Stocks to Watch Heading Into Earnings Big Tech has been in the news lately, and not necessarily for the right reasons. Accusations of corporate censorship have hit the headlines in recent weeks. While serious, this may have a salutary effect – the public discussion of Big Tech’s role in our digital lives is long overdue. And that discussion will get underway just as the Q4 and full-year 2020 financial numbers start coming in. Of the FAANG stocks, Netflix… Source link

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