Earnings

Affirm (AFRM) fiscal Q2 2022 results

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Affirm Holdings Inc. website home screen on a laptop computer in an arranged photograph taken in Little Falls, New Jersey.

Gabby Jones | Bloomberg | Getty Images

Affirm stock dropped 21% to a share price of $58.68 on Thursday after the company reported second-quarter results ahead of schedule.

Here’s how the company did versus Refinitiv consensus expectations for the quarter ending in December:

  • Loss per share: $0.57
  • Revenue: $361 million vs. $328.8 million expected

Affirm said it expected between $1.29 billion and $1.31 billion in revenue for the year, ahead of the $1.27 billion expected by analysts.

Early release

The early release came after a since-deleted tweet was sent from Affirm’s official…



Source cnbc.com

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