Pagaya Technologies Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 203.96 million compared to USD 136.59 million a year ago. Net loss was USD 74.79 million compared to USD 28.16 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.16 a year ago.
For the nine months, revenue was USD 556.04 million compared to USD 319.86 million a year ago. Net loss was USD 268.32 million compared to USD 80.7 million a year ago. Basic loss per share from continuing operations was USD 0.73 compared to USD 0.61 a year ago.