AFRM anticipates GMV in the range of $34.74-$35.34 billion in fiscal 2025.
Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.
Affirm Holdings (NASDAQ: AFRM), a financial technology company that offers services, such as buy now, pay later, and point-of-sale payment solutions, surpassed market expectations in its second quarter of fiscal 2025 (fiscal ends in June), reporting revenue of $866 million and earnings of $0.23 per share. These results significantly outperformed the street forecasts, which had projected revenue of $807 million and a loss of $0.15 per share.
Affirm Holdings (AFRM) saw impressive growth after exceeding Wall Street's fiscal second quarter revenue estimates and posting a surprise profit, driven by strong demand in categories like travel and electronics. The company reported adjusted earnings per share (EPS) of $0.23, surpassing analysts predictions of a $0.10 loss.
Max Levchin, Affirm co-founder and CEO, discusses expanding to new markets and explains why "it's time for something better" than credit cards.
Affirm Holdings, Inc.'s shares surged 22% due to strong Q2 '25 earnings, driven by a surge in gross merchandise volume and revenues. Affirm's Q2 bottom line was $0.23 per share, beating consensus by $0.46, with revenue $59M higher than expected. The company benefited from higher transactions per account and submitted a strong outlook for Q3 '25.
Affirm CEO Max Levchin details the company's strong second quarter results, their optimistic outlook, and future AI plans. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".
Affirm Holdings (AFRM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Max Levchin, Affirm co-founder and CEO, joins 'Money Movers' to discuss what drove the company's outperformance, how Affirm is managing credit, and much more.
Shares of Affirm Holdings Inc AFRM spiked in early trading on Friday after the company reported upbeat fiscal second-quarter results.
Affirm shares jumped 16% on better-than-expected revenues and a surprise profit during a strong holiday shopping season. Gross merchandise volume, an important metric signaling the total value of transactions, topped $10 billion for the first time.
Affirm stock is sizzling Friday after the BNPL firm handily beat earnings and revenue estimates in its most recent quarter. Here's what you need to know.