Pagaya reports Q3 EPS 2c, consensus (2c)

Reports Q3 revenue $201.45M, consensus $198.3M. Reports Q3 network volume $2.1B. “Our third quarter performance once again underscored the strength of our two-sided network. We exceeded our outlook across all metrics and achieved record network volume, revenue and adjusted EBITDA,” said Gal Krubiner, co-founder and CEO of Pagaya Technologies. “The strong momentum in our business and the integration of our product by new transformational partnerships are driving a step-change in our journey to transform the consumer finance ecosystem.”