Pagaya Technologies Ltd

Pagaya Technologies Ltd. engages in the development of AI and data networks for the financial industry. Its product deploys data science, machine learning and AI technology to evaluate the customers? applications in real time. The company was founded by Gal Krubiner, Yahav Yulzari and Avital Pardo on March 20, 2016 and is headquartered in Tel Aviv, Israel.

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Earnings data Q4 2024

Pagaya Technologies reports strong Q4 growth and eyes sustainable profitability

Pagaya Technologies showcased robust financial growth and strategic achievements in Q4 2022, positioning for sustainable profitability in 2023.
The company's focus on AI technology, network expansion, and partnerships strengthens its market presence and revenue streams.
Challenges in managing costs and market liquidity are being addressed, with opportunities for growth through product and partner mix optimization.
Pagaya's strong performance, strategic acquisitions, and outlook for profitability indicate a promising trajectory for the company.

Pagaya Technologies surpasses Q1 expectations, eyes sustainable growth

Pagaya Technologies demonstrated strong performance in Q1 2023, exceeding guidance and focusing on sustainable profitable growth.
The company's strengths lie in strategic partnerships, AI integration, and a commitment to underwriting standards and cost management.
Challenges include addressing analyst inquiries, managing rapid growth, and balancing profitability with expansion.
Opportunities for Pagaya include market expansion through partnerships, leveraging technology for growth, and enhancing competitive positioning.

Pagaya exceeds Q2 guidance, poised for growth amidst uncertainties

Pagaya's Q2 performance was strong, with record network volume and notable revenue growth. The company's unique business model and focus on cost discipline position them well for future opportunities, despite ongoing macro uncertainties.

Pagaya Technologies exceeds Q3 guidance, eyes growth amid challenges

Pagaya Technologies delivered robust Q3 results, with strong partnerships and a focus on profitable growth driving record network volume and revenue.
While facing challenges in credit performance and cost management, Pagaya's strategic initiatives and technology enhancements position it well for future growth.
Opportunities lie in expanding funding arrangements, leveraging conversion rates, and capitalizing on the favorable competitive landscape to drive continued success.

Pagaya Technologies achieves record results and targets growth in 2024

Pagaya Technologies delivered strong financial performance in Q4 2023 and for the full year, focusing on sustainable profitability and disciplined execution.
The company is strategically positioned to accelerate growth in 2024 by expanding products, deepening partnerships, and targeting positive cash flow by early 2025.
Despite challenges in OpEx optimization and conversion rate factors, Pagaya's strong funding position and growth plans present significant opportunities for the future.
Executives emphasized a product and partner-centric growth strategy, strong financial performance, and enhanced funding capabilities to drive Pagaya's success.

Pagaya Technologies reports robust Q1 results and eyes growth

Pagaya Technologies delivered strong financial performance in Q1 2024, focusing on profitability and long-term growth.
The company's strategic initiatives include optimizing operations, improving unit economics, and diversifying funding sources.
Opportunities lie in expanding partnerships, exploring new funding strategies, and maintaining pricing power in the market.

Pagaya Technologies excels in Q2, poised for growth ahead

Pagaya Technologies delivered a strong performance in Q2 2024, exceeding revenue and EBITDA targets.
The company's focus on strategic priorities, cost discipline, and operational efficiency has strengthened its financial position.
While facing challenges in sustaining growth and profitability, Pagaya is well-positioned to capitalize on opportunities for expansion and improvement.
Overall, Pagaya's outlook for 2024 is optimistic, with a path towards positive net cash flow and GAAP net income in 2025.

Pagaya Technologies excels in Q3, eyes sustainable profitability in 2025

Pagaya Technologies demonstrated robust financial performance in Q3 2024, emphasizing growth in revenues, fee generation, and adjusted EBITDA. While facing challenges from credit-related adjustments, the company is strategically positioned to capitalize on opportunities in expanding its loan facilitation network and enhancing financial performance across asset classes.

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Pagaya Technologies Ltd. engages in the development of AI and data networks for the financial industry. Its product deploys data science, machine learning and AI technology to evaluate the customers applications in real time. The company was founded by Gal Krubiner, Yahav Yulzari, and Avital Pardo on March 20, 2016 and is headquartered in New York, NY.

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Today, we take a look at Pagaya Technologies Ltd., a small-cap concern that has destroyed substantial shareholder value since being birthed via a SPAC early this year. The company runs an AI-powered platform that is driving considerable revenue growth it should be noted.

Pagaya Technologies: Another One-Buck SPAC Casualty

NEW YORK & TEL AVIV, Israel--( BUSINESS WIRE )--Pagaya Technologies Ltd. (“Pagaya” or the “Company”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, announced today that the Company's management team will be participating in the following conferences in December 2022.

Pagaya to Participate in December 2022 Investor Conferences

Shares of the AI-powered lending platform fell dramatically in the back half of the year.

Pagaya: A Much Better Valuation, but Questions Remain

It happens with most IPOs. When lock-up agreements start expiring, piles of insider shares find their way to the market.

Why Pagaya Technologies Stock Tumbled This Week

Pagaya Technologies Ltd. (NASDAQ:PGY ) Q3 2022 Earnings Conference Call November 10, 2022 5:00 PM ET Company Participants Jency John - Head of Investor Relations Gal Krubiner - Chief Executive Officer Michael Kurlander - Chief Financial Officer Conference Call Participants Eugene Simuni - MoffettNathanson LLC Joseph Vafi - Canaccord Genuity Corp. David Scharf - JMP Securities LLC Vincent Caintic - Stephens Inc. Operator Good day, and welcome to Pagaya's Q3 2022 Earnings Call.

Pagaya Technologies Ltd. (PGY) Q3 2022 Earnings Call Transcript

NEW YORK & TEL AVIV, Israel--( BUSINESS WIRE )--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”, the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced financial results for the third quarter ending September 30, 2022 and updates to its full-year 2022 outlook.

Pagaya Reports Third Quarter 2022 Results

The credit platform is being affected by rising interest rates as well as company-related stock decisions.

Why Pagaya Stock Dropped 23% in October

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies (NASDAQ: PGY) intends to announce its third quarter 2022 earnings on November 10, 2022.

Pagaya Announces Timing of Third Quarter 2022 Earnings Release

Rising interest rates, broad market movements, and a secondary-stock offering led to disaster for Pagaya shareholders last month.

Why Pagaya Technologies Collapsed 84.8% in September

The combination of rising interest rates and big secondary stock issues is hardly appealing.

Why Pagaya Technologies Plummeted by 74% This Week

Shares of Israeli financial technology company Pagaya Technologies Ltd. were continuing their wild ride Tuesday, falling 60% as of midday in a move said to be related to a lockup expiration.

Pagaya stock continues volatile ride with 60% plunge amid lockup expiration

The company submitted a filing to sell tens of millions of shares.

Why Shares of Pagaya Crashed Today

Source: shutterstock.com/Peshkova Pagaya (NASDAQ: PGY ) stock is falling hard on Tuesday and investors are wondering what's happening with the AI credit analysis company. One bit of news that did happen today is an amended filing with the U.S. Securities and Exchange Commission (SEC).

What Is Going on With Pagaya (PGY) Stock Today?

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These two companies have similar business models but showed very different pictures in the second quarter.

More Likely to 5x First: Upstart vs. Pagaya

The financial technology company recently entered the public stock market under messy conditions.

Why Pagaya Technologies Stock Fell 52% Last Month

Pagaya started trading independently a few months ago after completing its merger with a SPAC.

Pagaya Stock Is Beating the Market This Year. Is It a Buy?

The stock has soared during the past month as investors chased a small pool of available shares.

Why Shares of Pagaya Are Plunging This Week

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has received its first AAA rating from Moody's and DBRS Morningstar on its single family rental (“SFR”) securitization — Pagaya AI Technology in Housing Trust 2022-1 ("PATH 2022-1") — a major milestone for the Company as it continues to expand its A.I. network in the real estate market. Across

From Wallets and Cars to Homes: Pagaya's Services Enhance the Rental Living Experience

Pagaya Technologies Ltd. (NASDAQ:PGY ) Q2 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Jency John – Head-Investor Relations Gal Krubiner – Chief Executive Officer Michael Kurlander – Chief Financial Officer Conference Call Participants Rayna Kumar – UBS John Davis – Raymond James Joseph Vafi – Canaccord Reggie Smith – JPMorgan Blair Abernethy – Rosenblatt Securities Operator Good day, and welcome to the Pagaya's Second Quarter 2022 Earnings Call.

Pagaya Technologies Ltd's (PGY) CEO Gal Krubiner on Q2 2022 Results - Earnings Call Transcript

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya” or the “Company”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced financial results for the second quarter and the first half of 2022 and provided its full-year 2022 outlook. “In our first quarter reporting as a public company, we are proud to report continued strong network volume and total revenue growth. These results refle

Pagaya Reports Second Quarter and First Half 2022 Results

The AI lending platform continues to trade with volatility since going public in June.

News for Pagaya Technologies Ltd Stock (PGY)