Pagaya Technologies Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 218.04 million compared to USD 192.89 million a year ago. Net loss was USD 14.42 million compared to USD 34 million a year ago. Basic loss per share from continuing operations was USD 0.24 compared to USD 0.6 a year ago. Diluted loss per share from continuing operations was USD 0.24 compared to USD 0.6 a year ago.
For the full year, revenue was USD 812.05 million compared to USD 748.93 million a year ago. Net loss was USD 128.44 million compared to USD 302.32 million a year ago. Basic loss per share from continuing operations was USD 2.16 compared to USD 8.28 a year ago.