NasdaqCM:PGYSoftware
Pagaya Technologies (PGY) Sees Revenue Surge To US$326 Million In Strong Q2 Earnings
Pagaya Technologies (PGY) showcased marked improvement in its financial performance during its second quarter, with revenue soaring to $326 million and the company swinging to a net income from a prior loss. These earnings results corresponded with proactive debt management, including a highly oversubscribed $500 million debt offering, which underscores investor confidence. Such financial consolidation likely contributed to the company's significant 102% share price increase over the last...