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AFRM
CNBC
194 days

Affirm shares pop more than 10% on revenue beat

1. Affirm shares surged over 10% after Q2 results exceeded expectations. 2. Earnings per share were 23 cents, against a forecasted loss of 15 cents. 3. Revenue reached $866 million, beating analyst estimates of $807 million. 4. Gross merchandise volume (GMV) hit $10.1 billion, up 35% year-over-year. 5. Affirm's active consumers increased by 23% to 21 million.

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FAQ

Why Very Bullish?

Strong earnings and growth metrics often lead to price appreciation. Past instances show similar trends following positive earnings reports.

How important is it?

The article highlights significant financial improvements which may enhance investor confidence in AFRM.

Why Short Term?

Immediate market reactions typically occur after earnings announcements, influencing short-term stock performance.

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