Despite revenue climbing 41% annually in its fiscal first quarter earnings, shares of Affirm Holdings (AFRM) are under pressure in Friday’s session. Catalysts welcomes Affirm COO Michael Linford to talk more about the company’s performance and operating profit from its latest quarter. Linford formerly served as Affirm’s CFO before being appointed chief operating officer in August with Rob O’Hare assuming the role of chief financial officer. "If you think about the things that we get to do to lean in for the consumers and our merchants, it’s when we have strong unit economics. We’ve got a lot of growth and a lot of operating leverage in the business, which means we get to be really aggressive," Linford says on the buy now, pay later platform ahead of the holiday shopping season. Linford states the consumer has been "consistent" and especially "engaged" through Affirm’s credit services. The COO speaks more on Affirm’s expansion into international markets, notably the UK. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
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