Affirm surges on strong Q2 earnings, raised outlook
Portfolio Pulse from
Affirm Holdings' stock surged over 13% in premarket trading following a strong Q2 earnings report and an increased full-year revenue outlook. The company reported a 47% year-over-year revenue increase, surpassing Wall Street's expectations.
February 07, 2025 | 2:30 pm
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Affirm Holdings reported a 47% increase in Q2 revenue, surpassing expectations, and raised its full-year revenue outlook, leading to a 13% surge in premarket trading.
The significant revenue growth and raised outlook indicate strong business performance, positively impacting investor sentiment and driving the stock price up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100