Opendoor Announces Third Quarter of 2024 Financial Results
Opendoor Technologies Inc (OPEN)
Company Research
Source: GlobeNewswire
SAN FRANCISCO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its third quarter ended September 30, 2024. Opendoor’s third quarter 2024 financial results and management commentary can be accessed through the Company’s shareholder letter on the “Quarterly Reports” page of Opendoor’s investor relations website at https://investor.opendoor.com/financials-filings/quarterly-reports. “Opendoor’s third quarter acquisition volumes, revenue, Contribution Profit, and Adjusted EBITDA all exceeded our guidance, notwithstanding persistent housing market headwinds. In August, many anticipated that interest rate cuts would bring buyers and sellers back to the market. However, mortgage rates remain stubbornly high and the housing market continues to be challenged by high delistings, low clearance, and strained affordability,” said Carrie Wheeler, CEO of Opendoo
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OPEN
Earnings
- 11/7/24 - Beat
OPEN
Sec Filings
- 1/17/25 - Form 4
- 1/16/25 - Form 144
- 12/18/24 - Form 4
- OPEN's page on the SEC website