Pagaya: Patience Should Pay Off

Another Strong Quarter Pagaya Technologies recently reported a strong Q1, with revenues surging 31% to $245 million. The fintech smashed analyst estimates by $17 million and beat EPS targets of $0.16 by $0.04. The company reported record network volumes of $2.4 billion. Just as important, Pagaya boosted Fee Revenue Less Production Costs (FRLPC) to $92 million for a 3.8% margin. Source: Pagaya Tech. Q1'24 shareholder letter PM Images Pagaya Technologies Ltd. (NASDAQ:PGY) is an interesting fintech play, likel ...