Overview

• Affirm Holdings reported a 51% year-over-year revenue increase to $576 million, exceeding the consensus estimate of $549.42 million.
• The company recorded a loss of 43 cents per share, better than analyst projections of a 67-cent loss.
• Gross merchandise volume surged 36% from the previous year, reaching $6.3 billion.
• Stock performance fluctuated, closing down despite the positive earnings report, influenced by broader market trends.
• Affirm's optimistic guidance for the next quarter anticipates continued growth, with revenue projections between $585 million and $605 million.