Tag Archives: Opendoor earnings

Opendoor’s revenue declines as losses also grow in second quarter

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The iBuyer’s revenue declined 24 percent year over year to $1.5 billion as losses hit $92 million, down from positive income of $23 million the previous year. Continue reading →

Opendoor’s growth has ‘materially accelerated’: DelPrete

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Last year was a record year for Opendoor — and the latest data suggests that 2022 may turn out to be even bigger. Find out more on how the iBuyer is driving growth from data expert Mike DelPrete. Continue reading →

Opendoor reaches first profitable quarter in Q1 with $28M net income

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After eight years, the California-based iBuyer reached profitability while logging a a new revenue high of $5.2 billion, according to an earnings report Thursday. Continue reading →