Affirm Holdings, Inc. (NASDAQ:AFRM) Q1 2023 Results Conference Call November 8, 2022 5:00 PM ET

Company Participants

Zane Keller - Director of Investor Relations

Max Levchin - Founder and Chief Executive Officer

Michael Linford - Chief Financial Officer

Conference Call Participants

James Faucette - Morgan Stanley

Moshe Orenbuch - Credit Suisse

Ramsey El-Assal - Barclays

Mike Ng - Goldman Sachs

Reggie Smith - JPMorgan

Chris Brendler - D.A. Davidson

Kevin Barker - Piper Sandler

Bryan Keane - Deutsche Bank

Mihir Bhatia - Bank of America

Eugene Simuni - MoffettNathanson

Andrew Bauch - SMBC Nikko Securities

Operator

Good afternoon. Welcome to the Affirm Holdings First Quarter 2023 Earnings Conference Call. Following the speakers remarks, we will open the lines for your questions. As a reminder, this conference is being recorded, and a replay of the call will be available on our Investor Relations website for a reasonable period of time after the call.

I'd now like to turn the call over to Zane Keller, Director of Investor Relations. Thank you. You may begin.

Zane Keller

Thank you, operator. Before we begin, I'd like to remind everyone listening that today's call may contain forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including those set forth in our filings with the SEC, which are available on our Investor Relations website. Actual results may differ materially from any forward-looking statements that we make today. Forward-looking statements speak only as of today, and the company does not assume any obligation or intend to update them, except as required by law.

In addition, today's call may include non-GAAP financial measures. These measures should be considered as a supplement to and not a substitute for GAAP financial measures. For historical non-GAAP financial measures, reconciliations to the most directly comparable GAAP measures can be found in our earnings supplement slide deck, which is available on our Investor Relations website.

Before turning the call over, we want to briefly note our shift to a quarterly shareholder letter instead of a lengthy press release and prepared remarks. We believe that this format will enable us to spend more time answering questions from the investment community. As such, we encourage to review the shareholder letter for commentary that we would typically include in our prepared remarks.

In addition, we believe that the shareholder letter, when read in conjunction with our earnings supplement, will enhance our ability to communicate with the investment community. Both documents are available on our Investor Relations website. This change was also influenced by feedback that we received from investors. We hope you find the shareholder letter informative, and we welcome any feedback.