Affirm: revenue up 35%, but stock drops 10.4% after quarterly report
FROM THE WIRE · FINANCE.YAHOO.COM
Affirm's (NASDAQ:AFRM) Q3 CY2026: strong sales but stock drops 10.4% Buy now, pay later company Affirm (NASDAQ:AFRM) reported revenue ahead of Wall Street's expectations in calendar Q3 2026 (fiscal Q1 2027), with revenue rising 35.2% year on year to $1.26 billion. Guidance for…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue and guidance above expectations, yet shares drop 10.4%, signaling investor caution.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Affirm posted revenue of $1.26 billion, up 35.2% year on year.
- 02GAAP EPS was $0.47, above consensus estimates.
- 03Next-quarter revenue guidance is $1.45 billion at the midpoint.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets