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0.000450985264746851 0.00413249763002643 0.000708691130316317 -0.000469392826573043 0.0183983580454852 0.0174779799541651 0.000220890741916755 -0.024399223200891
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Pagaya Reports Third Quarter and Nine Months Ended 2024 Results [Yahoo! Finance]

Pagaya Technologies Ltd. (PGY) 
Company Research Source: Yahoo! Finance
technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced financial results for the third quarter and nine months ended 2024. For additional information, view Pagaya's third quarter 2024 letter to shareholders here "We delivered another set of strong results, with a laser-focus on profitable, sustainable growth," said Gal Krubiner, co-founder and CEO of Pagaya Technologies. "With successful execution of our 2024 strategy, we are well on the way to reaching GAAP profitability and cash flow generation during 2025. We have built a franchise that we believe can deliver long-term value for our shareholders, lending and funding partners, and U.S. consumers." Third Quarter 2024 Highlights All comparisons are made versus the same period in 2023 and on a year-over-year basis unless otherwise stated. Network volume of $2.4 billion (in line with outlook of $2.3 billion to $2.5 billion) grew by 11% year-over-year. Continued to gr Show less Read more
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