Advertisement
New Zealand markets closed
  • NZX 50

    12,596.87
    -23.07 (-0.18%)
     
  • NZD/USD

    0.6152
    -0.0009 (-0.14%)
     
  • ALL ORDS

    8,479.00
    +62.40 (+0.74%)
     
  • OIL

    75.45
    +1.07 (+1.44%)
     
  • GOLD

    2,672.00
    +4.20 (+0.16%)
     

Affirm skyrockets on Q4 results, CEO dubs it 'killer quarter'

Buy now, pay later service Affirm Holdings (AFRM) shares are skyrocketing by over 30% in Thursday's session after topping fiscal fourth quarter revenue estimates and posting narrower-than-expected losses per share. Affirm CEO Max Levchin referred to it as a "killer quarter" for the company in the earnings call.

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Luke Carberry Mogan.

Video transcript

Payment Network AFFIRM surging after crushing Wall Street estimates here.

CEO Max Levchin calling it a killer quarter, announcing an expected top line growth of 33% for fiscal 2025 and the leadership change with Michael Linford, chief operating officer, plus Rob O'Hare joining S CFO.

We've had an opportunity to speak with all of those execs here, so we'll see what more the company can prove to Wall Street within the broader outlook that they've provided post earnings here.