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Affirm reports Q2 GAAP EPS 37c vs. 23c last year

Reports Q2 revenue $1.12B, consensus $1.06B. Gross Merchandise Volume grew 36% to $13.8 billion, accelerating from a 35% growth rate in the same period in the prior year. Over 40% of growth came from direct merchant point-of-sale integrations, with the remainder split roughly evenly between the direct-to-consumer business led by Affirm (AFRM) Card, and wallet partnerships.

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