American version of "Huabei" Affirm surpasses expectations in Q4 performance, stock price soars after hours.
According to the intelligent financial APP, the US version of "Huabei" Affirm Holdings (AFRM.US) announced better-than-expected fourth quarter revenue and profits on Thursday, with stock prices soaring 18% in after-hours trading. Data shows that the company's Q4 revenue increased by 33% year-on-year to $876 million, beating market expectations of $837 million; net profit was $69.2 million, compared to a loss of $45.1 million in the same period last year; earnings per share were 20 cents, also beating market expectations of 11 cents.
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