Pagaya Technologies Expects Q3 Revenue Of $250M-$260M Vs $239.2M Est, FY24 Revenue Of $975M-$1,050M Vs $996.9M Est
Portfolio Pulse from Benzinga Newsdesk
Pagaya Technologies has announced its Q3 revenue expectations to be between $250M and $260M, surpassing the estimated $239.2M. For FY24, the company expects revenue between $975M and $1,050M, compared to the estimated $996.9M.
August 09, 2024 | 11:20 am
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Pagaya Technologies has raised its Q3 revenue expectations to $250M-$260M, exceeding the estimated $239.2M. The company also projects FY24 revenue to be between $975M and $1,050M, compared to the estimated $996.9M.
The raised revenue expectations for both Q3 and FY24 indicate strong financial performance and growth prospects for Pagaya Technologies. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100