Affirm's Shares Jump 16% After Strong Fiscal Q4 Performance Exceeds Expectations. Will Its Partnerships with Apple and Amazon Propel Growth?

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Affirm's shares surged 16% in after-hours trading on Wednesday following better-than-expected fiscal fourth-quarter results. The fintech company reported a smaller-than-expected loss per share and exceeded revenue expectations. Gross merchandise volume rose while revenue climbed year-over-year. Affirm's net loss narrowed from a year ago. Affirm's partnerships with Apple, Amazon, and Shopify drive growth, with a UK launch planned by year-end.
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