PGY Stock Recent News

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) ("Pagaya" or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the closing of PAID 2024-9. A total of 21 unique investors participated in this latest transaction, the majority of whom were repeat investors, along with several new investors who had not previously participated in the Company's deals. The deal was well oversubscribed, reflecting continued.

Pagaya's valuation remains low both absolutely and relatively despite strong operational performance due to market sentiment and misconceptions about the fintech space in general, particularly subprime lending and its SPAC origins. The company has the potential to show significant growth in network volume in 2025, particularly in auto lending and POS, with new partnerships and improved AI models driving profitability. Recent achievements include a forward flow agreement, an AAA rating for ABS tranches, and reaching cash flow positive from operations.

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that the Company's management team will participate in the following investor conferences: Benchmark 2024 Tech, Media & Telecom Conference Date: September 5, 2024 Location: New York, NY Barclays 22nd Annual Global Financial Services Conference Date: September 11, 2024 Location: New York, NY B. Riley S.

Pagaya's Q2 results were mixed, with revenues and adjusted EBITDA above expectations but higher net losses. Important announcements include a $1 billion forward flow agreement with Castlelake and a partnership with a top 5 US bank. Losses from loans on the balance sheet are expected to decrease in the future, with Pagaya aiming to achieve profitability by 2025.

Gal Krubiner, co-founder and CEO at Pagaya, joins 'The Exchange' to discuss the fintech company that specializes in AI lending and to provide an inside look into the country's spending habits.

Pagaya Technologies Ltd. (NASDAQ:PGY ) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Jency John - Head of Investor Relations Gal Krubiner - Chief Executive Officer Sanjiv Das - President Evangelos Perros - Chief Financial Officer Conference Call Participants Sanjay Sakhrani - KBW Joseph Vafi - Canaccord Genuity Peter Christiansen - Citi Timothy D'Agostino - B.

The headline numbers for Pagaya Technologies Ltd. (PGY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Pagaya Technologies Ltd. (PGY) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.20 per share.

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies LTD. (NASDAQ: PGY) (“Pagaya” or “the Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the appointment of Ralph L. Leung as Chief Operating Officer and Chief Commercial Officer, as it continues to strategically enhance its AI-driven network and product suite to be the premier consumer credit technology solution for the banking ecosystem. In this newly created role, Leung will.

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that the Company's management team will participate in the following investor conferences: Oppenheimer 27th Annual Technology, Internet & Communications Conference Date: August 12, 2024 Location: Virtual J.P. Morgan Future of Financials Forum Date: August 13, 2024 Location: Virtual Canaccord 44th Annu.