Affirm Holdings (NASDAQ:AFRM) reported its Q3 earnings results, with EPS of ($0.69) coming in better than the Street estimate of ($0.92). Revenue was $381 million, beating the Street estimate of $369.94 million.

Gross merchandise volume (GMV) increased 18% year-over-year, or 24% excluding Peloton, vs. 27% reported growth last quarter, to $4.64 billion, compared to the Street estimate at $4.44 billion. The company expects Q4/23 revenue to be in the range of $390-$415 million, compared to the Street estimate of $390 million.

While still early, the company highlighted that it had added Debit+ into its main app and that Debit+ users increase their transaction frequency 7x, 90 days after activating the solution.