Shares of SoFi Technologies Inc., or SOFI, were up 7% in the premarket trading on Monday after the digital financial services company delivered an upbeat earnings forecast for the full year ahead. Analysts tracked by FactSet were expecting a 9 cent per-share loss. SoFi reported before interest, taxes, depreciation, and amortization Ebitda of $70.1 million, compared with $4.6 million a year ago, ahead of the $43 million FactSet consensus. Net revenue went to $456.7 million from $285.6 million, while analysts had predicted $423 million. The total deposits at SoFi Bank rose 46% on a sequential basis. For the first quarter, SoFi expects to see $40 million to $45 million in adjusted Ebitda, and for the full year, the company expects to see $260 million to $280 million. The consensus of FactSet was for $50 million in the first quarter adjusted Ebitda and $246 million for the full year. SoFi expects to generate positive GAAP net income in the fourth quarter of 2023.