I love when I am right to be right :D
Affirm revenue rose to $261.8 million from $153.3 million a year prior, while analysts estimated $224.4 million. Affirm’s gross merchandise revenue (GMV) increased to $2.5 billion from $1.2 billion, while analysts were anticipating $2.2 billion.
For the current quarter, Affirm expects revenue of $240 million to $250 million and GMV of $2.42 billion to $2.52 billion. Analysts were projecting $232.6 million in revenue and $2.2 billion in GMV.
Looking at the full fiscal year, Affirm projects $1.16 billion to $1.19 billion in revenue and $12.45 billion to $12.75 billion in GMV, this does not include
$AMZN partnership into its revenue or GMV forecasts. Talk about being conservative :)
Here's my previous memo about
$AFRM