Key TakeawaysAffirm reported quarterly results that beat analysts' expectations for revenue and net income.CEO Max Levchin expects the company to be profitable by the fourth quarter of fiscal 2025.The company's first quarter revenue guidance range exceeded the analyst consensus. Affirm Holdings (AFRM) shares are surging after the buy now, pay later (BNPL) fintech company posted better-than-expected fiscal fourth-quarter results and strong guidance after the bell Wednesday. Revenue jumped 48% year-over-year ...

Affirm Holdings, Inc. (AFRM) posted better-than-expected fourth-quarter fiscal 2024 results, which were driven by improved servicing income and card network revenues coupled with a higher volume of transactions and a better level of Gross Merchandise Volume (GMV). 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 fiscal fourth-quarter loss of 14 cents per share, which was narrower than the Zacks Con ...

文章核心观点 - Affirm公司的股价在周四大涨34%,创近三年来最大单日涨幅,原因是公司在财报中营收和利润表现超预期 [1] - Affirm公司CEO表示公司将在2025财年第四季度实现GAAP基础上的营业利润 [2] - 分析师认为这是Affirm公司的"杀手级"财报,实现GAAP营业利润正收益将是一个重要里程碑 [2] - 尽管今年Affirm股价下跌14%,但最近有50%的涨幅,分析师认为降息有利于公司融资成本和贷款出售收益 [2] - Affirm公司将与Apple Pay合作,预计可为公司带来120亿美元的潜在市场空间 [2] 公司经营情况 - 公司第四季度营收同比增长48%至6.59亿美元,净亏损收窄至4510万美元 [1] - 公司预计当前季度营收在6.4亿-6.7亿美元之间 [1] - 公司将把贷款利率上限从30%提高至36% [2] 行业动态 - 联储主席表示可能在9月降息,这对Affirm公司的融资成本和贷款出售收益有利 [2] - Affirm公司与Apple Pay的合作有望为公司带来120亿美元的潜在市场空间 [2]

Affirm's recent quarterly report arrived with some fantastic surprises.Affirm Holdings (AFRM 30.46%) stock is skyrocketing in Thursday's trading. The buy now, pay later specialist's share price was up 33.9% as of 11 a.m. ET, according to data from S&P Global Market Intelligence.After the market closed yesterday, Affirm published results for the fourth quarter of its last fiscal year (which ended June 30). The company delivered sales and earnings for fiscal Q4 that beat Wall Street's targets, and the company ...

Ratana21/iStock via Getty ImagesAffirm Holdings, Inc. (NASDAQ:AFRM) has always been an intriguing fintech due to the well known CEO in a crowded space. The biggest issue has always been paying the correct price for the opportunity in the buy now, pay later space. My investment thesis is more Neutral on the stock after the big jump in after-hours trading on excitement over earnings. Source: Seeking Alpha Impressive Growth Affirm has really turned the business around with the fintech reporting a strong ...

On Wall Street, “strength begets strength.” Despite the recent market correction and the volatility caused by the “Yen Carry Trade” unwind, the fintech and payments group has exhibited stellar relative strength recently. Over the past three months, PayPal ((PYPL) ), Affirm ((AFRM) ), and Upstart ((UPST) have each outperformed the S&P 500 Index ETF ((SPY) dramatically, gaining 15.5%, 26.4%, and 83.5% (compared to the SPY’s 6.7%).Image Source: Zacks Investment ResearchThe “buy now, pay later” (BNPL) segment o ...

Affirm TodayAFRMAffirm$40.05 +8.47 (+26.82%) 52-Week Range$15.97▼$52.48Price Target$32.97Add to WatchlistAffirm NASDAQ: AFRM has seen wild fluctuations in its stock price over the past three years. Shares peaked at nearly $169 in November 2021 but are down 80% from that level today. However, shares are up 82% in the past 52 weeks.Investors might recognize the fintech company as a payment option allowed when making online purchases. Affirm often pops up when checking out online to pay off a purchase in insta ...

hapabapa Investment Thesis Affirm (NASDAQ:AFRM) delivered impressive fiscal Q4 2024 results and fiscal 2025 guidance. More specifically, it appears that Affirm is demonstrably a growth company. And while it continues to grow its top line, it's also carving out a path towards clean GAAP profitability. In sum, I make the case that AFRM is attractively priced at 17x forward non-GAAP operating profits. As such, I rate this stock a buy. Rapid Recap On 23 May, I said in a neutral AFRM article, [...] You ma ...

财务数据和关键指标变化 - 公司在2024财年第四季度实现了GAAP盈利,这是一个重要的里程碑 [10][63] - 公司在2025财年的指引中预计毛利率将达到18.4%,较之前有所提升 [32][33] - 公司表示将继续保持谨慎的信用风险管理策略,控制好信用质量 [17][18][19] 各条业务线数据和关键指标变化 - 公司正在不断提升用户的活跃度和复购率,这体现在用户交易频次和复购用户数的持续增长 [29][30][52][53] - 公司正在丰富Affirm Card产品的功能,以满足不同消费者群体的需求 [52][53] 各个市场数据和关键指标变化 - 公司尚未披露具体的国际市场拓展进展,但表示相关计划正在推进,未来有望成为重要的增长动力 [19] 公司战略和发展方向及行业竞争 - 公司正在与苹果合作推出Apple Pay Later服务,这是一个重要的战略合作 [46][47][48][49][57][58] - 公司认为自身在信用风险管理、消费者体验等方面具有独特优势,这使其在行业竞争中占据优势地位 [46][47][48] 管理层对经营环境和未来前景的评论 - 管理层对公司的发展前景保持乐观,认为公司有望继续保持良好的增长和盈利能力 [10][63] - 管理层表示将继续保持谨慎的信用风险管理策略,同时也会积极寻找新的增长机会 [17][18][19] 其他重要信息 - 公司宣布CFO Michael Linford将兼任COO一职,并由Rob O'Hare接任CFO [12][13] 问答环节重要的提问和回答 问题1 **Jason Kupferberg提问** 询问公司在2025财年的信用环境预期和新业务的贡献情况 [16] **Max Levchin和Michael Linford回答** 公司将保持谨慎的信用风险管理策略,新业务暂时不会对业绩产生重大影响 [17][18][19] 问题2 **Reginald Smith提问** 询问公司在利率下降环境下的表现 [21] **Max Levchin和Michael Linford回答** 公司的定价模式使其能够灵活应对利率变化,利率下降可能带来更多用户获批和交易增长 [22][23] 问题3 **Dan Dolev提问** 询问公司与苹果合作的背景和意义 [46] **Max Levchin回答** 公司认为与苗苹果合作是一个重要的战略举措,双方在Buy Now Pay Later领域有很好的协同 [47][48][49]

Affirm Holdings (AFRM) reported $659.19 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 47.9%. EPS of -$0.14 for the same period compares to -$0.69 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $599.5 million, representing a surprise of +9.96%. The company delivered an EPS surprise of +68.89%, with the consensus EPS estimate being -$0.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...