Business
Afterpay upgrades guidance saying customer losses lower than expected – Sydney Morning Herald
Afterpay has flagged losses on customer transactions will be lower than it forecast last month.
Afterpay has flagged losses on customer transactions will be lower than it forecast last month which will lift underlying earnings before significant items to as much as double its previous forecast for the year ending June 30.
In an earnings upgrade after the market closed on Wednesday, the buy now, pay later provider said based on unaudited results net transaction losses as a percentage of underlying sales were expected to 0.38 per cent compared to its previous figure of 0.55 per cent. The fa…
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