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Affirm beats on earnings and revenue in fiscal first quarter. The cloud business remains the locomotive Affirm reports q1 revenue up 34% yoy to $933m, vs
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$883m est., gmv up 42% to $10.8b, vs By comparing a company’s current annual financial performance to that of 12 months back, the rate at which the company has grown as well as any cyclical patterns can be identified $10.38b est., and profit above estimates
Afrm jumps 11%+ after hours — consumer financing firm affirm holdings (afrm) reported fiscal first quarter earnings, revenue and key financial metrics that handily beat wall street targets.
However, given the nature of our business, i propose that some aspects should, in fact, become easier with scale $455m revenue less transaction costs (“rltc”)1 +60% $933m revenue +34% $10.8b gross merchandise volume (“gmv”) +42% net income +$181m 28% adjusted operating income1 as a percent of revenue +10 pp 7% operating income as a. What’s the difference between calendar quarters and fiscal quarters Calendar quarters correspond to the standard calendar year.
