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Affirm beats on top and bottom lines
AFRMAffirm(AFRM) CNBC·2024-11-07 21:44

Affirm, the provider of buy now, pay later loans reported better-than-expected fiscal first-quarter results.Here's how the company did, compared to analysts' consensus estimates from LSEG.Loss per share: 31 cents adjusted vs. a loss of 35 cents expectedRevenue: $698 million vs. $664 million expectedAffirm reported gross merchandise volume (GMV) of $7.6 billion, topping the average estimate of $7.28 billion, according to StreetAccount. GMV, a key metric that helps gauge the total value of transactions, incre ...