Pagaya Technologies Ltd Expects FY23 Revenue $800M-$825M (Prior $775M-$825M) Vs $798.91M Est
Portfolio Pulse from Benzinga Newsdesk
Pagaya Technologies Ltd has raised its FY23 outlook for Network Volume, Total Revenue and Other Income, and Adjusted EBITDA. The company now expects its FY23 revenue to be between $800M and $825M, up from the previous estimate of $775M-$825M.
November 02, 2023 | 11:14 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Pagaya Technologies Ltd has raised its FY23 revenue outlook, which could positively impact the company's stock.
Companies often see their stock prices increase when they raise their revenue outlook, as it signals to investors that the company is expecting to perform better than previously anticipated. This news is directly related to Pagaya Technologies and is likely to have a significant impact on its stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100