NASDAQ:AFRM - Nasdaq - US00827B1061 - Common Stock - Currency: USD
ServiceNow, Toast, and Affirm all have a bright future.
Affirm Holdings is the leading buy now pay later (BNPL) provider and it finally turned a profit after posting another quarter of record revenues. This is next.
PayPal shares took a big hit post earnings. Can the stock recover long-term as it focuses in on a profitable growth strategy?
Mentions: PYPL
Mentions: FIS
Affirm stock rose after the consumer financing firm swung to a profit in its fiscal Q2 as revenue handily beat views.
Travel spending during the holidays was “really strong” and will continue to grow this year, Max Levchin, chief executive officer of Affirm Holdings Inc., said after the buy-now, pay-later company reported profit that beat analysts’ estimates.
The buy now, pay later firm’s revenue jumped 46.6% to $866.4 million, exceeding the Street estimate of $807.6 million.
(Reuters) - Affirm shares jumped 16% in premarket trading on Friday, after the buy now, pay later lender posted a surprise quarterly profit on the back of a strong holiday shopping season and forecast an upbeat annual revenue.