net_left Kdata adver left
  4. Affirm Reports In-Line EPS and Revenue Beat, But Plummets 13% on Weak Outlook
Detail

Affirm Reports In-Line EPS and Revenue Beat, But Plummets 13% on Weak Outlook

By Davit Kirakosyan Affirm Holdings Inc (NASDAQ:AFRM) shares plunged more than 13% after-hours following the company’s reported Q4 results. While EPS of ($0.65) was in line with...
Be the first to review this topic.
Affirm Reports In-Line EPS and Revenue Beat, But Plummets 13% on Weak Outlook © Reuters. Affirm Reports In-Line Q4 Revenues & EPS Beat, But Shares Plummet 13% on Weak Outlook

By Davit Kirakosyan

Affirm Holdings Inc (NASDAQ:AFRM) shares plunged more than 13% after-hours following the company’s reported Q4 results. While EPS of ($0.65) was in line with the consensus estimate and revenue of $364.1 million (up 39% year-over-year) beat the consensus estimate of $354.66 million, the company’s outlook missed expectations.

“Affirm delivered strong performance in the fourth quarter. We grew GMV by 77% and set a new record for consumer re-engagement with 85% of transactions coming from repeat users, all while prudently managing risk,” said Max Levchin, founder and CEO of Affirm.

Active merchants grew from 29,000 to 235,000, driven primarily by the adoption of Shop Pay Installments by merchants on Shopify's platform. Active consumers were 14.0 million, representing a 96% year-over-year growth. Total transactions increased 139% year-over-year to 12.0 million.

The company expects Q1/23 revenue to be in the range of $345-365 million, worse than the consensus estimate of $386.02 million. GMV (Gross Merchandise Volume) is expected in the range of $4.20-$4.40 billion.

For the full 2023-year, the company expects revenue in the range of $1.625-1.725 billion, again worse than the consensus estimate of $1.91 billion. GMV is expected to be in the range of $20.50-$22.00 billion.

The company also announced that Noel Watson has been appointed to its Board of Directors, effective September 1, 2022. Mr. Watson, who currently serves as CFO of LegalZoom.com, Inc., previously served as a member of the Board of Directors of Zynga (NASDAQ:ZNGA), CFO of TrueCar (NASDAQ:TRUE), and Chief Accounting Officer of TripAdvisor (NASDAQ:TRIP).

Recently viewed

Open Account Picture of Sàn giao dịch tiền điện tử Coinbase được chấp thuận gia nhập thị trường Đức HOT

Sàn giao dịch tiền điện tử Coinbase được chấp thuận gia nhập thị trường Đức

AiVIF.com -- Sàn giao dịch tiền điện tử Coinbase (NASDAQ:COIN) niêm yết trên sàn Nasdaq của Mỹ đã nhận được sự chấp thuận của cơ quan quản lý tài chính của Đức, Bafin, để cung...
30/06/2021
details
Open Account Picture of Hong Kong working on investor protection regulations, says central bank exec HOT

Hong Kong working on investor protection regulations, says central bank exec

Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by...
02/12/2022
details
Open Account Picture of Giá dầu biến động khi thị trường cân nhắc về rủi ro liên quan đến Trung Quốc HOT

Giá dầu biến động khi thị trường cân nhắc về rủi ro liên quan đến Trung Quốc

Theo Ambar Warrick AiVIF.com-- Giá dầu chứng kiến ​​giao dịch không ổn định vào thứ Năm khi các nhà đầu tư đánh giá khả năng gặp khó khăn do phong tỏa vì COVID ở Trung Quốc,...
15/09/2022
details
Open Account Picture of SBF was a ‘Pawn’ in a System Designed for ‘Money Laundering’ says CEO Mark Yusko HOT

SBF was a ‘Pawn’ in a System Designed for ‘Money Laundering’ says CEO Mark Yusko

CEO of investment firm Morgan Creek reveals in an interview that he believes SBF was simply a pawn used to further a hidden agenda. CEO Mark Yusko compares blatant money...
07/12/2022
details
Open Account Picture of 3AC bankruptcy process faces challenges amid unknown whereabouts of founders HOT

3AC bankruptcy process faces challenges amid unknown whereabouts of founders

Liquidators for Three Arrows Capital (3AC) will have to present further documents to grant the permission to subpoena the now-bankrupt crypto hedge fund's founders through Twitter,...
03/12/2022
details

Related products

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

GBP/USD

1.2475

-0.0015 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (2)

Sell (3)

USD/CAD

1.3780

+0.0003 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

EUR/JPY

168.32

+0.10 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

EUR/CHF

0.9808

+0.0001 (+0.01%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (2)

Gold Futures

2,295.80

-7.10 (-0.31%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

26.677

+0.023 (+0.09%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Copper Futures

4.5305

-0.0105 (-0.23%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

Crude Oil WTI Futures

81.14

-0.79 (-0.96%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

Brent Oil Futures

85.62

-0.71 (-0.82%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

Natural Gas Futures

1.946

-0.009 (-0.46%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (5)

US Coffee C Futures

213.73

-13.77 (-6.05%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

Euro Stoxx 50

4,920.55

-60.54 (-1.22%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

S&P 500

5,035.69

-80.48 (-1.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

DAX

17,921.95

-196.37 (-1.08%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

FTSE 100

8,144.13

-2.90 (-0.04%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (4)

Hang Seng

17,763.03

+16.12 (+0.09%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

US Small Cap 2000

1,973.05

-42.98 (-2.13%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

IBEX 35

10,854.40

-246.40 (-2.22%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (3)

BASF SE NA O.N.

49.155

+0.100 (+0.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

Bayer AG NA

27.35

-0.24 (-0.87%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Allianz SE VNA O.N.

266.60

+0.30 (+0.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (5)

Adidas AG

226.40

-5.90 (-2.54%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (7)

Deutsche Lufthansa AG

6.714

-0.028 (-0.42%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (9)

Sell (1)

Siemens AG Class N

175.90

-1.74 (-0.98%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Deutsche Bank AG

15.010

-0.094 (-0.62%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (6)

Sell (2)

 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
Cập nhật 01-05-2024 10:45:19
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,285.72-47.5-2.04%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V25.44025.940
RON 95-III24.91025.400
E5 RON 92-II23.91024.380
DO 0.05S20.71021.120
DO 0,001S-V21.32021.740
Dầu hỏa 2-K20.68021.090
ↂ Giá dầu thô thế giới
WTI$80.83+3.390.04%
Brent$85.50+3.860.05%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD25.088,0025.458,00
EUR26.475,3627.949,19
GBP30.873,5232.211,36
JPY156,74166,02
KRW15,9219,31
Cập nhật lúc 10:45:15 01/05/2024
Xem bảng tỷ giá hối đoái
adver main right

Your SUCCESS is our target !!!
JOIN US FREE

Information

Customer service

Connect with us

Newsletter

Newsletter
Copyright © 2025 AI VIF. All rights reserved. Powered by nopCommerce