Affirm Holdings, Inc. (NASDAQ:AFRM) Barclays 14th Annual Emerging Payments and FinTech Forum May 15, 2024 2:25 PM ET Company Participants Brooke Major-Reid - Chief Capital Officer Robert O'Hare - SVP, Finance Conference Call Participants Ramsey El-Assal - Barclays Ramsey El-Assal All right. Our next fireside chat of the day is with the Brooke Major-Reid, Chief Capital Officer; and Robert O'Hare, SVP Finance of Affirm. Brooke and Rob, thank you for being here again. Pleased to have you. Brooke Major-Reid Tha ...

From a technical perspective, Affirm Holdings (AFRM) is looking like an interesting pick, as it just reached a key level of support. AFRM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Th ...

As Shopify’s growth slows down, its buy now, pay later (BNPL) partner, Affirm, is feeling the burn.Per its earnings report Wednesday (May 8), Shopify saw 23% year-over-year revenue growth in the first quarter of this year, comparable to its previous earnings report and down slightly from earlier in 2023, when it saw revenue growth exceeding 30%. Looking ahead, however, the company expects this progress to slow, predicting that revenue will “grow at a high-teens percentage rate” in Q2, with its gross margin ...

Affirm Holdings, Inc. (AFRM) posted better-than-expected third-quarter fiscal 2024 results, which were driven by an expanding Gross Merchandise Volume (“GMV”), improved servicing income and card network revenues coupled with a higher volume of transactions.  The results were partly offset by an escalating expense level, which was primarily due to a significant increase in provision for credit losses.AFRM incurred a third-quarter loss of 43 cents per share, which was narrower than the Zacks Consensus Estimat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39888 Affirm Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 84-2224323 (S ...

Although it didn’t address two big elephants in the room, buy now, pay later company Affirm rode solid advancements in its debit card and gross merchandise volume metrics to better-than-expected Q3 earnings results. In what is a continuing referendum on consumer spend this earnings season, CEO Max Levchin painted a picture of a consumer financing FinTech that is cautiously increasing its risk exposure by extending credit to a larger consumer base while trying to maintain control over credit outcomes. As the ...

Affirm Holdings, Inc. (NASDAQ:AFRM) Q3 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Zane Keller - Director of Investor Relations Max Levchin - Founder and Chief Executive Officer Michael Linford - Chief Financial Officer Conference Call Participants Robert Wildhack - Autonomous Research Jason Kupferberg - Bank of America Securities Dan Dolev - Mizuho Securities Bryan Keane - Deutsche Bank James Faucette - Morgan Stanley Reginald Smith - JPMorgan John Hecht - Jefferies Ramsey El- ...

For the quarter ended March 2024, Affirm Holdings (AFRM) reported revenue of $576.16 million, up 51.2% over the same period last year. EPS came in at -$0.43, compared to -$0.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $548.07 million, representing a surprise of +5.13%. The company delivered an EPS surprise of +38.57%, with the consensus EPS estimate being -$0.70.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Affirm Holdings (AFRM) came out with a quarterly loss of $0.43 per share versus the Zacks Consensus Estimate of a loss of $0.70. This compares to loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.57%. A quarter ago, it was expected that this operator of digital commerce platform would post earnings of $0.08 per share when it actually produced earnings of $0.04, delivering a surprise of -50%.Over the last four qu ...

T H I R D F I S C A L Q U A R T E R 2 0 2 4 Affirm Shareholder Letter We delivered another set of excellent results in our third fiscal quarter. In the parlance of our times, we slayed. Our mission remains as important to us – and as relevant to our merchant partners and our consumers – as it has been since day zero, and we feel quite comfortable executing in the current economic and interest rate environment. This is the fourth consecutive quarter of accelerating GMV growth for Affirm. Credit performance w ...