Pagaya Technologies Shares Rise After Q3 Non-GAAP Earnings, Revenue Increase

MT Newswires Live10-29

Pagaya Technologies (PGY) shares rose 0.5% in Thursday trading after the company reported Q3 non-GAAP earnings of $1.07 per diluted share, up from $1.02 a year earlier.

Analysts polled by FactSet expected $0.99.

Revenue for the quarter ended Sept. 30 was $390.5 million, compared with $350.2 million a year earlier.

Analysts expected $382.1 million.

The company expects Q4 revenue of $355 million to $405 million. Analysts estimate $377.1 million.

For 2026, Pagaya Technologies updated its revenue outlook to between $1.45 billion and $1.50 billion, from the previous range of $1.43 billion to $1.53 billion. Analysts expect $1.46 billion.

Price: 20.75, Change: +0.28, Percent Change: +1.34

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