11:26 AM EDT, 07/17/2025 (MT Newswires) -- (Updates with stock price movement in the first paragraph and previous revenue guidance in the second paragraph.)

Pagaya Technologies ( PGY ) shares were up 19% in recent Thursday trading after the company said it expects Q2 revenue above analysts' expectations.

The company said it expects Q2 revenue of almost $326 million, exceeding its previous guidance of $290 million to $310 million.

Analysts polled by FactSet expect $298.5 million.

Pagaya Technologies ( PGY ) said it plans to report Q2 results on Aug. 7.

Price: 28.00, Change: +4.47, Percent Change: +18.98