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Affirm Stock Rallies After Q4 Revenues Beat Expectations
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Affirm Holdings Inc. (NASDAQ:AFRM) posted its fourth-quarter results after Thursday’s closing bell, beating expectations across the board.  Here’s a look at the details inside the report. 

Affirm Q4 Details       

Affirm reported quarterly earnings of $4.62 per share, according to Benzinga Pro data. 

Quarterly revenue came in at $1.17 billion, which beat the analyst consensus estimate of $1.11 billion and was up from $876.42 million in the same period last year. Gross Merchandise Volume (GMV) was $11.6 billion, up 35% year-over-year.

Total transactions during the quarter increased to 45 million, growing 45% and outpacing overall GMV growth.

“We delivered another outstanding set of results this quarter, especially in the broader context of global economic uncertainty,” said CEO Max Levchin.

Looking Ahead: Affirm expects first-quarter revenue in a range of $1.19 billion to $1.22 billion, versus the $1.16 billion analyst estimate.

AFRM Stock Price Activity: According to data from Benzinga Pro, Affirm stock was up 7.76% to $83.44 in Thursday’s extended trading.  

Photo: Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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