Opendoor Technologies Inc. (NASDAQ:OPEN ) Q1 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Kimberly Niehaus - Investor Relations Carrie Wheeler - Chief Executive Officer Selim Freiha - Chief Financial Officer Conference Call Participants Dae Lee - J.P. Morgan Ygal Arounian - Citigroup Ryan Tomasello - KBW Benjamin Black - Deutsche Bank Operator Good day.
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.12 per share a year ago.
Opendoor (OPEN -1.70%) was one of the most prominent companies to go public in the 2020-2021 SPAC boom, but the business couldn't live up to the hype once interest rates started rising. In this video, longtime Fool.com contributors Matt Frankel and Tyler Crowe take a closer look at Opendoor's latest results and what could be in store for 2025.
Shares of the online housing brokerage Opendoor Technologies (OPEN -4.91%) plunged 23% this week, according to data compiled by S&P Global Market Intelligence, after the latest data showed that housing sales slowed to their lowest pace since 2009.
Opendoor (OPEN 3.98%) is looking to "reinvent life's most important transaction." To Opendoor that transaction is buying and/or selling a home, which is most certainly a very large and important event in most people's lives.
Opendoor (OPEN 3.75%), the largest instant buyer of homes in the U.S., went public by merging with a special purpose acquisition company (SPAC) on Dec. 21, 2020. The combined company's stock opened at $31.47 per share on that first day, and it eventually hit an all-time high of $39.24 on Feb. 11, 2021.
Saying it's been rough for Opendoor Technologies (OPEN -2.99%) over the past two years is an understatement. The real estate technology company, once a market darling, has been crushed under the weight of higher interest rates.
Shares of Opendoor Technologies (OPEN -7.01%) were heading lower today after the home-flipping specialist missed bottom-line estimates in its fourth-quarter earnings report. Its first-quarter guidance also called for a slow start to the year.
Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.15 per share a year ago.
Opendoor Technologies Inc. (NASDAQ:OPEN ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Kimberly Niehaus - Investor Relations Carrie Wheeler - Chief Executive Officer Selim Freiha - Chief Financial Officer Conference Call Participants Dae Lee - JPMorgan Ygal Arounian - Citigroup Nicholas Jones - JMP Securities Jeff Steiner - Deutsche Bank Nick McAndrew - Zelman & Associates Operator Good day and thank you for standing by. Welcome to the Opendoor Technologies Fourth Quarter 2024 Earnings Conference Call.
Opendoor Technologies (OPEN -7.14%), a pioneer in the digital residential real estate space, released its fourth-quarter results on Feb. 27, 2025. The company reported a revenue surge to $1.1 billion, surpassing the $982 million estimate, reflecting a 25.9% year-over-year increase from $870 million in the previous year.
A wider market reach is anticipated to have aided Opendoor Technologies' revenues in the fourth quarter of 2024.