other material
confidence high
sentiment positive
materiality 0.75
Affirm raises Q3 and FY2022 guidance on strong GMV and revenue performance
Affirm Holdings, Inc.
- GMV Q3 raised to at least $3.71B (from $3.61-3.71B); FY raised to at least $14.78B.
- Revenue less transaction costs Q3 raised to at least $148M (from $138-143M); FY to at least $600M.
- Adjusted operating loss improves to 15% or better in Q3 (from 21-19% range) and 11-13% for FY.
- Committed funding capacity of $9.3B as of Feb 28, capable of funding >$20B annual GMV.