Affirm Holdings Inc (NASDAQ:AFRM) reported strong Q1 results, with $5.6 billion in gross merchandise value and $497 million in total revenues, beating expectations. Operating expenses dropped to $154M from $169M last quarter due to efficiency improvements through technology advancements. The company's active consumers grew 15% YoY, transactions per customer increased to 4.1, and 75% of transactions were interest-bearing. Five out of six analysts revised their forecasts post-FQ1, with four maintaining or reiterating their ratings and one raising the price target.