Affirm shares plummet 21% after company releases financial results early
Affirm stock dropped 21% to a share price of $58.68 on Thursday after the company reported second-quarter results ahead of schedule.
Here's how the company did versus Refinitiv consensus expectations for the quarter ending in December:
Loss per share: $0.57
Revenue: $361 million vs. $328.8 million expected
Affirm said it expected between $1.29 billion and $1.31 billion in revenue for the year, ahead of the $1.27 billion expected by analysts.
Early release
The early release came after a since-deleted tweet was sent from Affirm's official Twitter account at around 1:30 p.m. ET on Thursday. The tweet announced details of the company's financial performance, including that its sales rose by 77%.
The tweet suggested that Affirm would beat revenue expectations. Analysts polled by Refinitiv had expected a 61% rise. The stock was briefly up as much as 10% on that tweet.
Affirm said in another tweet later Thursday that its inadvertent release of financial results was due to human error.
Affirm is one of several hot “buy now, pay later” companies, which offer short-term and low-interest loans to users when they buy consumer goods online.
For example, users buying a $1,450 Peloton bike can pay it off over 39 months with payments as low as $45 through Affirm. Last year, Affirm announced a partnership with Amazon to be the sole non-credit-card provider for financing for products the retail giant sells in the U.S.
Affirm went public in January 2021, and its share price has fallen about 64% from its peak last November. It was founded by Max Levchin, one of the original founders of PayPal.
在该公司提前公布第二季度业绩后，Affirm 股价周四下跌 21% 至 58.68 美元。 以下是该公司与 Refinitiv 对截至 12 月的季度的共识预期的对比：
每股亏损：0.57 美元
收入：3.61 亿美元，预期 3.288 亿美元
Affirm 表示，预计今年的收入在 12.9 亿美元至 13.1 亿美元之间，高于分析师预期的 12.7 亿美元。
提前释放
在下午 1:30 左右从 Affirm 的官方 Twitter 帐户发送了一条已删除的推文之后，提前发布了该推文。美国东部时间周四。这条推文公布了该公司财务业绩的细节，包括其销售额增长了 77%。
这条推文暗示，肯定会超过收入预期。 Refinitiv 调查的分析师此前预计增长 61%。在那条推文中，该股一度上涨了 10%。
Affirm 周四晚些时候在另一条推文中表示，其无意发布的财务业绩是由于人为错误造成的。
Affirm 是几家热门的“先买后付”公司之一，它们在用户在线购买消费品时向他们提供短期和低息贷款。
例如，购买 1,450 美元的 Peloton 自行车的用户可以在 39 个月内通过 Affirm 支付低至 45 美元的付款。去年，Affirm 宣布与亚马逊合作，成为该零售巨头在美国销售的产品融资的唯一非信用卡提供商。
Affirm 于 2021 年 1 月上市，股价较去年 11 月的峰值下跌了约 64%。它由 PayPal 的原始创始人之一 Max Levchin 创立。
