Summary
Affirm Holdings Inc Cl A Beats
Affirm Holdings Inc Cl A (AFRM) reported a Quarter June 2024 loss of $0.14 per share on revenue of $659.2 million. The consensus estimate was a loss of $0.45 per share on revenue of $599.5 million. The Earnings Whisper number was for a loss of $0.36 per share. Revenue grew 47.9% on a year-over-year basis.
The company said in its shareholders letter it expects first quarter revenue of $640.0 million to $670.0 million. The current consensus revenue estimate is $612.02 million for the quarter ending September 30, 2024.
Affirm’s mission is to deliver honest financial products that improve lives.
Results
Reported Earnings
($0.14)
Earnings Whisper
($0.36)
Consensus Estimate
($0.45)
Reported Revenue
$659.2 Mil
Revenue Estimate
$599.5 Mil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Affirm Reports Fourth Quarter and Fiscal Year 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today reported financial results for its fourth quarter and fiscal year ended June 30, 2024. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the “Events and Presentations” section of the Company’s investor relations website at https://investors.affirm.com/.
Affirm will host a conference call and webcast to discuss its financial results today at 5:00pm ET. Hosting the call will be Max Levchin, Founder and Chief Executive Officer, and Michael Linford, Chief Financial Officer. The conference call will be webcast live from the Company’s investor relations website at https://investors.affirm.com/. A replay will be available on the investor relations website following the call.
About Affirm
Affirm’s mission is to deliver honest financial products that improve lives. By building a new kind of payment network – one based on trust, transparency and putting people first – we empower millions of consumers to spend and save responsibly, and give thousands of businesses the tools to fuel growth. Unlike most credit cards and other pay-over-time options, we show consumers exactly what they will pay up front, never increase that amount, and never charge any late or hidden fees. Follow Affirm on social media: LinkedIn | Instagram | Facebook | X.
AFRM-F
View source version on businesswire.com: https://www.businesswire.com/news/home/20240828875050/en/
Investor Relations
ir@affirm.com
Media
press@affirm.com
Source: Affirm Holdings, Inc.
