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Benzinga
Benzinga
Business
Adam Eckert

Why Affirm Holdings Shares Are Falling After Hours

Affirm Nasdaq UPST Upstart Affirm Holdings Inc

Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower in Monday's after-hours session after Upstart Holdings Inc (NASDAQ:UPST) reported financial results and issued guidance below analyst estimates. 

Upstart said first-quarter revenue increased 156% year-over-year to $310 million, which beat the $300.12 million estimate, according to data from Benzinga Pro. The company reported quarterly earnings of 61 cents per share, which beat the estimate of 50 cents per share. 

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