8-K
filed June 6, 2024, 7:59 PM ET
ticker PGY
CIK 0001883085
other material
confidence high
sentiment positive
materiality 0.60
Pagaya raises FY24 adj. EBITDA guidance to $160-200M, cites $25M cost savings
Pagaya Technologies Ltd.
- Workforce reduction and other initiatives expected to reduce annual core operating expenses by ~$25M.
- FY2024 Adjusted EBITDA guidance raised by $10M to $160M-$200M from prior $150M-$190M.
- Full-year 2024 network volume and total revenue and other income outlook unchanged.
- A portion of cost savings will be reinvested into key growth areas.
- Full impact of cost savings expected to be realized in 2025.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001628280-24-026963
- form_type
- 8-K
- ticker
- PGY
- cik
- 0001883085
- company_name
- Pagaya Technologies Ltd.
- filed_at
- 2024-06-06T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:21.081817+00:00
- generated_at
- 2026-06-01T06:02:51.821158+00:00
- sec_items
- ["7.01", "9.01"]
- event_type
- other_material
- sentiment
- positive
- materiality_score
- 0.6
- calibrated_materiality_score
- 0.6
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001628280-24-026963
- json_url
- https://secwatch.observer/filing/0001628280-24-026963.json
- markdown_url
- https://secwatch.observer/filing/0001628280-24-026963.md
- text_url
- https://secwatch.observer/filing/0001628280-24-026963.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1883085/000162828024026963/0001628280-24-026963-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1883085/000162828024026963/pgy-20240606.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
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