Narrows Q2 adjusted EBITDA view to $86M from $75M-$90M. Raises Q2 network volume view to $2.6B from $2.3B-$2.5B. “Our second-quarter results reflect continued strong execution across our network, with a focus on consistent and profitable growth,” said Evangelos Perros, CFO of Pagaya (PGY).
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PGY:
- Pagaya enters forward flow agreement with Castlelake for $2.5B of loan assets
- Pagaya price target raised to $26 from $20 at Citizens JMP
- AI-Powered Lending Lifts Pagaya Technologies Stock (PGY) to Multiyear Highs
- Pagaya initiated with an Overweight at Stephens
- Pagaya Technologies Ltd: Undervalued Stock with Strong Growth Potential and Profitability