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0.000525854513584595 0.000525854513584595 -0.00354425942156012 -0.00368448729184926 -0.0061349693251534 -0.00648553900087638 -0.0233128834355828 -0.024014022787029
Stock impact report

Pagaya Technologies (PGY) Surges 12.8% on Earnings Beat, Higher Outlook [Yahoo! Finance]

Pagaya Technologies Ltd. - Class A Ordinary Shares (PGY) 
Company Research Source: Yahoo! Finance
Pagaya Technologies rallied for a second day on Monday, jumping 12.80 percent to close at $27.58 after beating its earnings expectations in the past quarter and raising its growth guidance for the full-year 2025. In an updated report, Pagaya Technologies Ltd. (NASDAQ:PGY) said it swung to a net income attributable to shareholders of $22.5 million from $67.48 million in the same period last year, beating its earlier guidance of $10 million to $20 million for the period, thanks to revenue growth, lower expenses, and normalized impairments. Total revenues and other income ended at $350 million, hitting the higher end of its previous revenue guidance and marking a 36 percent growth from the $257 million year-on-year, driven by higher revenues from fees. Pagaya Technologies (PGY) Surges 12.8% on Earnings Beat, Higher Outlook Image by MayoFi from Pixabay Following the results, Pagaya Technologies Ltd. (NASDAQ:PGY) raised its full-year guidance for net profit, revenues, and adjust Show less Read more
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