The shares of AffirmAfter the announcement that it was expanding its partnership with a digital company called “buy Now, Pay Later”, e-commerce company ‘, more than 21% surged in after-hours trades on Wednesday. AmazonThis is. Analyst estimates were also exceeded by the company for revenue during the fiscal first quarter.

This is how Affirm compared to analyst estimates.

• EPS Adjusted per Share: $1.13
• RevenueAnalysts estimate $269.4 Million vs. $248.2 Million

Affirm will become the only third-party option to buy now and pay later for Amazon as part of the agreement. Amazon will integrate Affirm into their digital wallet in America. This allows for purchases of at least $50 on Amazon.

Affirm provided strong guidance, with revenue estimates of $320 to $330 millions, as opposed to analyst expectations which were $296 million.

This company was the first to offer this service. announced the partnership in AugustAffirm’s shares rose nearly 47% in response to this move. The company is also competing with the likes of AfterpayKlarna. AppleIn partnership with a partner, is also working on an installment product Goldman Sachs

Affirm shares fell more than 15% Wednesday in regular trading.