Pagaya Q2 ER: Mixed Results With Impressive Outlook For 2025
PGYPagaya Technologies .(PGY) Seeking Alpha·2024-08-18 20:00
AnsonLu/iStock via Getty Images Pagaya (NASDAQ:PGY) has just released its second quarter results, which were mixed, with some results above expectations and others below. In addition, two important announcements will have a very positive impact on the company's future: 1) The signing of a forward flow agreement (FFA) for up to $1 billion and a one-year term (extendable to more years) with Castlelake. 2) The partnership with a top 5 US bank. As we have commented, the results have been mixed, with some ve ...