SoFi posted record revenue and doubled its profit as membership surged

Net income rose 134% year-over-year to $166.7 million, while loan originations hit a record $12.2 billion

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SoFi Technologies reported first-quarter revenue of $1.1 billion, up 43% from the same period a year earlier, as net income more than doubled to $166.7 million.

Diluted earnings per share came in at $0.12, up from $0.06 a year ago. Adjusted EBITDA reached $340 million, a 62% increase year-over-year, with an adjusted EBITDA margin of 31%, the company said.

The company's membership base expanded to 14.7 million, a 35% increase........

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