Pagaya Technologies Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 195.61 million compared to USD 181.55 million a year ago. Net loss was USD 31.3 million compared to USD 175.26 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 8.52 a year ago. Diluted loss per share from continuing operations was USD 0.48 compared to USD 8.52 a year ago.
For the six months, revenue was USD 382.25 million compared to USD 352.08 million a year ago. Net loss was USD 92.27 million compared to USD 193.53 million a year ago. Basic loss per share from continuing operations was USD 1.56 compared to USD 10.68 a year ago. Diluted loss per share from continuing operations was USD 1.56 compared to USD 10.68 a year ago.