US Stock Movement | Q4 Earnings Exceed Expectations, US "Huabei" Affirm Holdings (AFRM.US) Surges Over 16%
According to Golden Ten Data, on Friday, the US version of "Huabei" Affirm Holdings (AFRM.US) surged over 16%, reaching a three-and-a-half-year high at $93.33. In terms of news, the company reported fourth-quarter revenue and profit that exceeded expectations. Data shows that the company's Q4 revenue increased by 33% year-on-year to $876 million, better than the market expectation of $837 million; net profit was $69.2 million, compared to a loss of $45.1 million in the same period last year; earnings per share were $0.20, also better than the market expectation of $0.11. The fourth-quarter gross merchandise volume (GMV) grew 43% year-on-year, reaching $10.4 billion.
In a letter to shareholders, the company stated: "This continued execution enabled Affirm to achieve operating profit in the fourth quarter of fiscal year 2025, fully in line with the timeline we committed to a year ago."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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