Affirm swings to profit as people flocked to its 0% APR loans and other offers

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Affirm Holdings Inc. late Thursday zoomed past Wall Street’s quarterly expectations, as people flocked to its buy-now, pay-later offers and 0% interest loans.

Affirm’s

AFRM revenue jumped more than 30% to $876 million in the fiscal fourth quarter, easily surpassing the FactSet consensus of $837 million. Shares rallied nearly 17% after hours.