Opendoor (OPEN) Tops Q1 EPS by 17c, Revenue Beats, Offers Guidance

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Go back to Opendoor (OPEN) Tops Q1 EPS by 17c, Revenue Beats, Offers Guidance

Opendoor Announces First Quarter of 2022 Financial Results

May 5, 2022 4:06 PM EDT

SAN FRANCISCO, May 05, 2022 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading digital platform for residential real estate transactions, today reported financial results for its quarter ended March 31, 2022. Opendoors first quarter of 2022 financial results and management commentary can be accessed through the Companys shareholder letter on the quarterly results page of Opendoors investor relations website at https://investor.opendoor.com.

We are proud to report our first quarter of positive net income as we exceeded our expectations across all of our key metrics, said Eric... More