Opendoor (OPEN) Reports In-Line Q1 EPS, Revenues Beat

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Opendoor Announces First Quarter 2021 Financial Results

May 11, 2021 4:05 PM EDT

Total Homes Sold of 2,462, up 190% versus 4Q20Total Homes Purchased of 3,594, up 78% versus 4Q20Total Revenue of $747 million, up 200% versus 4Q20GAAP Gross Profit of $97 million, or 13% of Total Revenue

SAN FRANCISCO, May 11, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading digital platform for residential real estate, today reported financial results for its quarter ended March 31, 2021. Opendoors First Quarter 2021 financial results and management commentary can be accessed through the Companys shareholder... More