Shares of Affirm (AFRM) are moving on Wednesday morning — ticking down into the red after the opening bell — as its fiscal third-quarter revenue jumped up 51% year-over-year. The buy now, pay later operator narrowed expected losses for the quarter to $0.43 per share. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest developments for Affirm and what it could mean for the stock moving forward. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
Affirm Holdings (AFRM) delivered earnings and revenue surprises of 38.57% and 5.13%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
The consumer lending company also filed a narrower-than-expected quarterly loss and offered strong guidance.