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Affirm Holdings (NASDAQ:AFRM) stock is surging 21% in after-hours trading after the provider of Buy Now, Pay Later financing raised its guidance for 2022 revenue and sees sustained profitability run rate by mid-calendar year 2023. "As we advance our strategy to drive growth, maintain att...
Affirm press release (NASDAQ:AFRM): FQ3 GAAP EPS of -$0.19 beats by $0.37. Revenue of $354.8M (+53.8% Y/Y) beats by $10.79M. Gross Merchandise Volume Increases 73% to $3.9 billion and Total Revenue Grows by 54% Year over Year to $354.8 million. Plan to Achieve Sustained Adjusted Operati...
Affirm to continue serving as exclusive provider of Shop Pay Installments in the U.S. Shop Pay Installments to integrate Affirm’s Adaptive Checkout™ and support all eligible U.S. merchants with both biweekly and monthly payment options and address higher cart...
Exceeds Third Quarter Financial Outlook and Raises Outlook for Fiscal Year 2022 Network Continues to Rapidly Scale with Active Merchants Increasing from 12,000 to 207,000 and Active Consumers Growing by 137% Year over Year to 12.7 million Gross Merchandise Volume (...
Several fintech stocks jumped today, finally getting some relief after facing an intense sell-off all week. Others are rising from earnings results. Shares of the artificial intelligence lender Upstart Holdings (NASDAQ: UPST) and the buy now, pay later company Affirm Holdings ...
Affirm Holdings (NASDAQ:AFRM) stock is dropping 19% in Wednesday midafternoon trading as concern about credit quality continues to take its toll, bringing its shares down more than 50% in the past week. J.P. Morgan analyst Reginald Smith initiated coverage of Affirm (AFRM), which pr...
Affirm (NASDAQ:AFRM) is scheduled to announce FQ3 earnings results on Thursday, May 12th, after market close. The consensus EPS Estimate is -$0.41 (+61.3% Y/Y) and the consensus Revenue Estimate is $344.42M (+49.3% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions and 8...
Affirm Holdings (NASDAQ:AFRM) stock is sliding 12% in late afternoon Tuesday trading after the stock was downgraded to Underweight at Stephens Inc. on concern that Upstart Holdings (UPST) outlook bodes ill for capital-markets reliant fintechs. Stephens analyst Vincent Caintic is wor...
Shares of several consumer fintech companies fell today after the popular artificial intelligence lender Upstart (NASDAQ: UPST) disappointed the market with its latest earnings results and guidance. Shares of buy now, pay later company Affirm (NASDAQ: AFRM) were trading ...
SoFi Technologies (NASDAQ:SOFI) stock is sliding 11% in Tuesday morning trading, ahead of its Q1 earnings release, after fintech Upstart Holdings (UPST) warned that Q2 and FY2022 will be worse than Wall Street was expecting. Upstart stock has lost more than half its value since the ...
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2024-06-24 14:20:13 ET Affirm Holdings Inc (NASDAQ: AFRM) gained more than 10% on Monday after a Goldman Sachs analyst issued a super bullish note in its favour. Shares of the buy now, pay later company are still over 30% for the year. Affirm stock could climb to $42 Will Na...
2024-06-22 10:30:00 ET Fintech stocks soared during the peak of the meme- and growth-stock rallies in 2021, but many of those stocks stumbled over the following two years as interest rates rose. Those higher rates curbed economic growth and lending, while higher yields on fixed-income inves...