Affirm Holdings reports Q3 earnings exceeding estimates, stock up 4.2%, predicts strong Q4.
Affirm Holdings, a 'Buy Now, Pay Later' fintech platform, reported fiscal Q3 earnings exceeding analyst estimates, with stock rising 4.2% in premarket trading. GAAP EPS of -$0.43 beat the -$0.52 consensus estimate, and total revenue for the quarter was $576.2M. The company predicts a strong fiscal Q4, with GMV between $6.75B-$6.95B. Active consumers increased to 18.1M, and funding capacity rose to $16.6B.
May 08, 2024
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