Affirm reports Q3 FY2024 earnings; cites GMV growth and stable credit, no numeric details

Affirm Holdings, Inc.

2024-Q3 EPS reported -$1.53 revenue$1,663,814,000

Q3 FY2024: fourth consecutive quarter of accelerating GMV growth; credit performance stable and yield exceeded expectations.
Embedded Purchasing Power feature launched for enterprise partners, driving meaningful GMV growth.
AI assistant tested in customer support; over 60% of users did not require further human assistance.
Funding capacity increased slightly quarter-over-quarter; no material expense increase expected from AI model training.
No specific revenue, EPS, or GMV figures disclosed in the provided excerpt; full financial data not available.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Affirm Holdings, Inc. reported financial results for third fiscal quarter ended March 31, 2024.

Period: third fiscal quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On May 8, 2024, the Company issued a Shareholder Letter (the “Letter”) regarding its financial results for the third fiscal quarter ended March 31, 2024.

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Source: SEC EDGAR

accession 0001820953-24-000012

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