Affirm CEO talks company's Q2 profit and stock jumping
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Affirm Holdings (AFRM) exceeded Wall Street's fiscal Q2 revenue estimates and posted a surprise profit, driven by strong demand in travel and electronics. The company reported an adjusted EPS of $0.23, surpassing the expected $0.10 loss.
February 08, 2025 | 12:00 am
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Affirm Holdings reported a surprise profit for Q2, with an adjusted EPS of $0.23, beating the expected $0.10 loss. This was driven by strong demand in travel and electronics, leading to a jump in stock price.
The unexpected profit and significant beat on EPS expectations are likely to positively impact AFRM's stock price in the short term. The strong demand in key categories like travel and electronics further supports this positive outlook.
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