
SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower Thursday after the company cut its full-year 2022 revenue guidance below analyst estimates and maintained first-quarter guidance below analyst estimates.
SoFi lowered full-year revenue guidance from $1.57 billion to $1.47 billion versus the $1.53 billion estimate. The company expects first-quarter revenue to be between $280 million and $285 million versus the $290.4 million estimate.