Affirm Holdings (AFRM) Tops Q3 EPS by 34c, Revenues Beat

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Affirm Extends Multi-Year Exclusive Partnership with Shopify in the U.S.

May 12, 2022 4:06 PM EDT

Affirm to continue serving as exclusive provider of Shop Pay Installments in the U.S.

Shop Pay Installments to integrate Affirms Adaptive Checkout and support all eligible U.S. merchants with both biweekly and monthly payment options and address higher cart sizes

SAN FRANCISCO--(BUSINESS WIRE)-- Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced today a multi-year extension of its partnership in the U.S. with Shopify, a provider of essential internet infrastructure for commerce.... More

Affirm Reports Fiscal Year 2022 Third Quarter Results

May 12, 2022 4:05 PM EDT

Exceeds Third Quarter Financial Outlook and Raises Outlook for Fiscal Year 2022

Network Continues to Rapidly Scale with Active Merchants Increasing from 12,000 to 207,000 and Active Consumers Growing by 137% Year over Year to 12.7 million

Gross Merchandise Volume (GMV) Increases 73% to $3.9 billion and Total Revenue Grows by 54% Year over Year to $354.8 million

Plan to Achieve Sustained Adjusted Operating Income Profitability on a Run Rate Basis by the end of Fiscal Year 2023

SAN FRANCISCO--(BUSINESS WIRE)-- Affirm Holdings, Inc. (NASDAQ:... More