Affirm Holdings, Inc. (NASDAQ:AFRM) Q2 2023 Earnings Call Transcript

Andrew Bauch: Makes a lot of sense. And then the sensitivity that you guys have just historically provided of RLTC relative to rates, any material change in that than what was provided last quarter. I know that, that heading into fiscal first quarter, you had narrowed the range of impact in, given where rates could potentially go, but just want to double check on that one.

Max Levchin: No material change. I think we’re thankfully staring down what looks like a more flat rate curve, which I think is allowing us to focus our efforts on making sure we create profitable units at the kind of peak rate curve environment. But further stress above that would continue to have the same reaction in our framework.

Andrew Bauch: Got it. Thank you guys.

Operator: That is all the time that we have for the Q&A today. I would like to hand the conference back over for closing comments.

Zane Keller: Thank you everybody for joining today. We look forward to speaking with you again next quarter.

Operator: Thank you. This will conclude today’s conference. You may disconnect your lines at this time. And thank you for your participation.