From Financial Modeling Prep: 2025-02-07 13:00:00

Affirm Holdings Inc. (NASDAQ:AFRM) exceeded expectations in the second quarter with strong demand for its buy now, pay later services, causing shares to surge more than 21%. Earnings per share of $0.23 surpassed forecasts of a $0.16 loss, while revenue of $866 million beat expectations of $805.62 million.

The San Francisco-based fintech company’s outlook remains positive, with third-quarter revenue projected between $755 million and $785 million, in line with Wall Street’s estimate. For fiscal 2025, Affirm anticipates revenue of $3.13 billion to $3.19 billion, surpassing consensus projections of $3.11 billion.

Amidst challenges faced by other fintech firms, Affirm’s resilience was evident in its strong performance, balancing rapid growth with profitability. The company’s results have instilled investor confidence and optimism in its future prospects.



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