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Affirm reports Q3 operating income $173.7M vs. $78.5M last year

Reports Q3 revenue $783.1M, consensus $783.0M. The company states: “Gross Merchandise Volume (GMV) grew 36% to $8.6 billion and growth accelerated as we exited the quarter, with GMV in March increasing 40%. 2 Growth was broad based with contributions from our largest merchant partner, wallets partners, direct-to-consumer offerings including Affirm (AFRM) Card, and the remainder of the business. GMV from our top five merchants and platform partners collectively grew 31%.”

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