Earnings movers | AFRM GMV climbs 28% yoy; DUOL lifts booking guidance

1. Fintech companies posted diverged earnings: $Affirm Holdings, Inc.(AFRM)$ +11.21% vs. $Upstart Holdings, Inc.(UPST)$ -27.30%

  • Buy-now-pay-later operator $Affirm Holdings, Inc.(AFRM)$ reported revenue for the quarter came in at $497 mln, beating by 11.82%.

  • Merchandise volume climb 28% year over year to $5.6 billion.

  • Upstart, online lending platform that partners with financial institutions to provide loans to consumers, missed quarterly results and outlook.

  • Upstart's reliance on third-party funding poses a significant risk to the company.

2. $Warner Bros. Discovery(WBD)$ sinks 19%

  • Wider-than-expected losses in Q3 and decling ad revenue (down 12% yoy)

  • Loses 700,000 global DTC subscribers in Q3.

3. $Duolingo, Inc.(DUOL)$ , the language platform, popped 9%

  • Beating expectations and offering beatter guidance for Q4.

  • Bookings expects to be $167 million - $170 million, beating by 6.85%.

4. $Twilio(TWLO)$ , the cloud stock jumped 7.3%

  • Twilio earned 58 cents per share, beating by 65%.

  • Expand its customer base: active customer accounts increases 9.29%.

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  • I'll definitely be taking this all into consideration before investing.
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  • Sonsonkok
    ·2023-11-11

    Great ariticle, would you like to share it?

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  • argo
    ·2023-11-10
    Great ariticle, would you like to share it?
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  • Jeromelim
    ·2023-11-11
    positive news of great compsny
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  • kelly2128
    ·2023-11-10
    yea
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  • Tangan
    ·2023-11-10
    Thanks
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  • KSR
    ·2023-11-10
    👍
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