Meanwhile, whilst the absolute misinformation, pump, down-ramping and crap that pervades these threads ruins decent discussion, Affirm's results for those unaware loosely summarised:
Affirm it expects fiscal Q3 adjusted operating margin to drop from its fiscal Q2 level.
The company expects fiscal Q3 gross merchandise volume of $5.8B-$6.0B (surpasses the Visible Alpha consensus estimates of $3.73B) and revenue of $530M-$660M vs. $487.8M consensus.
Adjusted operating margin is expected to be 6%-8% compared with 15.7% in fiscal Q2.
Expects fiscal year 2024 gross merchandise value of more than $25.25B, up from its previous guidance of more than $24.5B exceeding the Visible Alpha consensus of $24.8B.
Its guidance for adjusted operating margin increased to more than 11%, compared with its previous outlook for more than 5%.
Generally Affirm's US business, not unrelated to ZIP's of course, an analyst beat and business going well. Its stock price trades at ridiculously higher valuation multiples and after hours moves a very short sighted ZIP share price barometer.
$2 PARTY, page-45
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Last
$1.21 |
Change
-0.010(0.82%) |
Mkt cap ! $1.357B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.19 | $7.218M | 5.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22599 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 45175 | 5 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
-0.010 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $1.21 | $1.22 | $1.19 | 2330467 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| ZIP (ASX) Chart |