Opendoor Technologies Inc (OPEN) Q3 2024 Earnings Call Highlights: Surpassing Revenue ... [Yahoo! Finance]
Opendoor Technologies Inc (OPEN)
Company Research
Source: Yahoo! Finance
Contribution Margin: 3.8% in the third quarter, above guidance. Adjusted Operating Expenses: $90 million, lower than the $105 million guidance. Adjusted EBITDA Loss: $38 million, better than guidance. Total Capital: $1.2 billion, including $837 million in unrestricted cash and marketable securities. Nonrecourse Asset-Backed Borrowing Capacity: $7 billion, with $2.3 billion committed. Fourth Quarter Revenue Guidance: $925 million to $975 million. Fourth Quarter Contribution Profit Guidance: $15 million to $25 million. Fourth Quarter Adjusted EBITDA Loss Guidance: $70 million to $60 million. Annualized Savings from Reduction in Force: Approximately $50 million. Annualized Savings from Mainstay Separation: $35 million. Restructuring Expenses: Approximately $17 million expected in the fourth quarter. Warning! GuruFocus has detected 8 Warning Signs with OPEN. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the ful
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News
- Three Reasons Why OPEN is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- 3 Stocks That Could Skyrocket Before the End of 2024 [Yahoo! Finance]Yahoo! Finance
- Why Opendoor Stock Rocketed 34% Higher in November [Yahoo! Finance]Yahoo! Finance
- A Missouri man called the Ramsey Show because he misses paying off the Corvette he sold — is debt a good motivator? [Yahoo! Finance]Yahoo! Finance
- Why Opendoor Stock Popped Today [Yahoo! Finance]Yahoo! Finance
OPEN
Earnings
- 11/7/24 - Beat
OPEN
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- OPEN's page on the SEC website