AFRM is well-poised to benefit from growing merchant network revenues, strength in its AI-driven platform and a booming BNPL market.
Zacks.com users have recently been watching Affirm Holdings (AFRM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Robinhood, Upstart, and Affirm are positioned to head higher.
Despite revenue climbing 41% annually in its fiscal first quarter earnings, shares of Affirm Holdings (AFRM) are under pressure in Friday's session. Catalysts welcomes Affirm COO Michael Linford to talk more about the company's performance and operating profit from its latest quarter.
AFRM's fiscal first-quarter results benefit from higher transactions and gross merchandise volume. Higher expenses partially offset the results.
On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5).
The buy-now, pay later giant Affirm reporting a better-than-expected first quarter. Founder and CEO Max Levchin joined Bloomberg Open Interest to talk about the results and what's ahead for the holiday season.
The buy now, pay later firm flies past quarterly estimates and sees gross merchandise volume soar 35% from a year prior.
“It was another killer quarter,” Affirm CEO Max Levchin said on the buy now, pay later (BNPL) provider's fiscal first quarter conference call Thursday (Nov. 7) after the markets closed. Levchin noted Affirm has a third of the volume and more than half of the revenue in the U.S.
Although the revenue and EPS for Affirm Holdings (AFRM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Affirm Holdings (AFRM) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.36. This compares to break-even earnings per share a year ago.
Affirm Holdings, Inc. (NASDAQ:AFRM ) Q1 2025 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Zane Keller - Director of Investor Relations Max Levchin - Founder and Chief Executive Officer Michael Linford - Chief Operating Officer Conference Call Participants Andrew Bauch - Wells Fargo Nathaniel Richam-Odoi - Bank of America Securities John Hecht - Jefferies James Faucette - Morgan Stanley Vincent Caintic - BTIG Dan Dolev - Mizuho Securities Robert Wildhack - Autonomous Research Reginald Smith - JPMorgan Jill Shea - UBS Operator Good day, ladies and gentlemen, and thank you for joining us for this Affirm Fiscal Holdings First Quarter 2025. Getting started, all participants are in a listen-only mode, but later you will have the opportunity to ask questions during the question-and-answer session.