Pagaya Technologies' Revenue Jumps 28%
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Pagaya Technologies reported a significant increase in revenue by 28% and a non-GAAP EPS of $0.17, surpassing expectations of a $0.52 loss per share.
February 13, 2025 | 5:00 pm
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Pagaya Technologies reported a 28% increase in revenue and a non-GAAP EPS of $0.17, significantly beating the expected loss of $0.52 per share.
The company's strong financial performance, with a 28% revenue increase and EPS far exceeding expectations, is likely to positively impact the stock price in the short term. Investors often react favorably to earnings beats, which can drive stock prices up.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100