Published on 15 Mar 2022 on Market Watch
Affirm boosts outlook but stock falls
Affirm Holdings Inc. boosted its outlook Monday as the buy-now, pay-later company said that it’s seen better-than-expected performance thus far in the March quarter.
The company now expects revenue of at least $335 million for its fiscal third quarter, compared with the prior guidance for $325 million to $335 million that Affirm . Affirm also anticipates quarterly revenue less transaction costs of at least $148 million, whereas its prior forecast was for $138 million to $143 million.