Affirm's COO Discusses Growth Challenges Amidst Consumer Trends

Reported about 7 hours ago

Affirm's stock has rebounded despite weaker-than-expected fourth quarter guidance. COO Michael Linford shared insights on the company's strong fiscal third quarter performance, highlighting significant growth in both volume and revenue. However, he cautioned that continuous acceleration in growth is unrealistic. Linford also emphasized the importance of understanding consumer demand and credit performance, noting that strong market signals indicate consumer engagement despite uncertainties affecting merchants.

Source: YAHOO

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