Affirm Holdings, Inc. Stock Price, News & Analysis

Affirm (NASDAQ: AFRM) will release its third quarter fiscal year 2023 shareholder letter on May 9, 2023, after market close. Financial results will be included on its investor relations website. A conference call is scheduled for 5:00 PM ET the same day, hosted by Founder and CEO Max Levchin and CFO Michael Linford. This event allows investors to gain insights directly from the leadership team regarding the company's financial performance and strategic outlook.

Affirm's mission focuses on providing transparent financial products that enhance consumer experiences while supporting merchant growth. The company aims to redefine payment networks by prioritizing trust, upfront pricing, and eliminating hidden fees.

Affirm (NASDAQ: AFRM) expands its partnership with Stripe to introduce Affirm’s Adaptive Checkout™ to Canadian users. This offering allows merchants to implement pay-over-time options seamlessly. Notably, businesses using Affirm report a 41% increase in average order value compared to previous payment methods. Affirm’s Adaptive Checkout provides flexible payment plans, ranging from six weeks to 36 months, without late fees or hidden charges. The launch aims to enhance the checkout experience and cater to evolving consumer preferences in Canada, where Affirm joins over 240,000 merchants. The initiative is expected to drive sales, boost average order values, and increase repeated purchases.

Affirm (NASDAQ: AFRM) has partnered with VersaClimber, enabling consumers to finance their fitness equipment through monthly payments starting at 0% APR. Eligible customers can purchase VersaClimber machines and split costs over time, ensuring transparency with no hidden fees. The partnership aims to make fitness more accessible, with Affirm's services already benefiting over 240,000 retail partners, including major brands like Walmart and Peloton. This collaboration is expected to drive sales, increase average order values, and enhance customer retention for both Affirm and VersaClimber.

Affirm Holdings, Inc. (NASDAQ: AFRM) has announced a shareholder fireside chat featuring CFO Michael Linford on March 9, 2023, at 11:00 AM ET. The event, moderated by Timothy Chiodo and Moshe Orenbuch from Credit Suisse, will be streamed live on the company’s investor relations website. Shareholders can submit questions via Say Technologies' Q&A platform until March 8, 2023. The discussion will cover Affirm’s strategies, products, and financial results. A replay of the webcast will be available afterwards.

Affirm aims to provide transparent financial products that prioritize consumer empowerment and responsible spending.