Affirm Holdings (Nasdaq:AFRM) had cumulative revenue of $761 million for the first six months of fiscal 2023

Affirm Holdings (Nasdaq:AFRM) released its fiscal 2023 Q2 financial report, with cumulative revenue of $761 million in the first six months of fiscal 2023, compared to $630 million in the same period last year, an increase of 20.75% year-on-year. The cumulative net loss in the first six months of fiscal 2023 was US$574 million, compared to a cumulative net loss of US$466 million in the same period last year, an increase of 23.02% year-on-year. Affirm now expects fiscal 2023 revenue of $1.475 billion to $1.550 billion, compared to its previous expectation of $1.6 billion to $1.675 billion and the consensus expectation of $1.64 billion. The company expects gross merchandise trading (GMV) of $19 billion to $20 billion, compared with its previous forecast of $20.1 billion to $21.5 billion.

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