Affirm Sees Q2 2024 Revenue $495M-$520M Vs $502.39M Est.; FY24 GMV Of More Than $24.25B; Revenue As A % Of GMV Similar To FY23
Portfolio Pulse from Benzinga Newsdesk
Affirm Holdings Inc. has projected its Q2 2024 revenue to be between $495M and $520M, compared to an estimate of $502.39M. The company also expects its FY24 Gross Merchandise Volume (GMV) to exceed $24.25B, with the revenue as a percentage of GMV similar to FY23.
November 08, 2023 | 9:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Affirm's projected Q2 2024 revenue and FY24 GMV exceed estimates, indicating potential growth. This could positively impact the company's stock in the short term.
Affirm's projected revenue and GMV for Q2 2024 and FY24 respectively exceed estimates, which is generally a positive signal for investors. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100