Affirm stock pops after earnings beat, CFO says company is taking share in a growing market

Affirm Holdings (AFRM) shares soared after reporting a 37% jump in revenue, year-over-year, in its fiscal first quarter. The buy now, pay later company also saw gross merchandise volume (GMV) increase 28% from last year. Affirm CFO Michael Linford says the company is “taking share in a growing market.” When it comes to the consumer, Linford says people are still spending on general merchandise, travel, and experiences, adding that the likely reason for the company’s strong GMV demand is due to the macro headwinds. Watch the video above to hear what Linford has to say about delinquencies and Affirm.
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