SoFi ‘continues to deliver on expectations’ in profitable Q4

SoFi Technologies (SOFI) stock closed Monday 20% higher after reporting a fourth-quarter earnings beat, its first-ever quarterly profit. Dominick Gabriele, Oppenheimer Executive Director and Senior Analyst of Equity Research, breaks down SoFi's revenue streams and outlook for continued profitability. "The fact that this quarter had a 30% margin is really kind of a long-term goal that they've already achieved in this quarter. And the guidance is obviously for continued 30% roughly margins here," Gabriele tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.