Pagaya Technologies Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 211.76 million compared to USD 203.96 million a year ago. Net loss was USD 21.75 million compared to USD 74.79 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 1.32 a year ago. Diluted loss per share from continuing operations was USD 0.36 compared to USD 1.32 a year ago.
For the nine months, revenue was USD 594.01 million compared to USD 556.04 million a year ago. Net loss was USD 114.02 million compared to USD 268.32 million a year ago. Basic loss per share from continuing operations was USD 1.92 compared to USD 8.76 a year ago. Diluted loss per share from continuing operations was USD 1.92 compared to USD 8.76 a year ago.