Affirm Holdings (AFRM, Financial) experienced a significant decline in its stock price, dropping over 7% to $45.07. This decrease comes despite the company reporting a notable increase in its first-quarter revenue for the 2025 fiscal year.
In the recent earnings report, Affirm Holdings announced a first-quarter revenue of $698 million, marking a 40.67% increase compared to $497 million during the same period last year. However, the company's net loss for the quarter stood at $100 million, though this represents an improvement from a net loss of $172 million in the same quarter of the previous year, reflecting a 41.66% reduction in net losses.
