Pagaya Technologies Ltd. Posts $1.07 Q3 EPS, Beating Estimates by 7 Cents
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Pagaya Technologies Ltd. posted third-quarter non-GAAP earnings per share of $1.07, topping estimates by 7 cents as revenue and adjusted EBITDA also increased year over year. Revenue reached $390 million, up 11.4% from a year earlier and $6.93 million above estimates. Net income attributable to Pagaya shareholders increased to $49.7 million from $22.5 million. Adjusted EBITDA rose 22% year over year to $130 million. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
