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Affirm Holdings Q1 Earnings Release: Card Transaction Volume More Than Doubles

The Motley Fool +1 · ·by G4L

AFRM
AFRM Affirm Holdings Inc
$65.95 -3.06%
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  1. 1Affirm Holdings announced that card transaction volume has more than doubled.
  2. 2The company diversified its revenue sources as the share of transactions from Affirm's top five partners decreased from 44% to 40% year-over-year.
  3. 3Affirm set a minimum growth floor of at least 30% for the full fiscal year.

So what's the key point?

Affirm Holdings' card transaction volume has more than doubled compared to before. The company stated it will grow by at least 30% over the year while reducing its dependence on specific merchants.

Source The Motley Fool +1 · View original ↗

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