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Upstart Holdings (UPST) delivered strong fourth quarter results Tuesday afternoon, comfortably exceeding Wall Street expectations across all metrics. The fintech company reported revenue of $219 million, well above analysts' projected $181.8 million. Adjusted earnings per share reached $0.26, compared to the expected loss of $0.03 per share that had been forecast.
Additionally, Upstart provided upbeat revenue guidance for both the first quarter and full fiscal year 2025, boosting investor confidence and driving the stock higher in trading.
Watch the video above to catch Julie Hyman and Josh Lipton's reporting on the breaking earnings release.
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This post was written by Angel Smith