This beaten-down innovator is tweaking its marketing strategy and staging a comeback. Opendoor Technologies (OPEN -0.77%) started its publicly traded life on a high note. Shares of the cloudbased residential real estate trader more than tripled in its first eight months on the market. But the joy didn't last long. Opendoor's stock is down 94.6% from the peak in February 2021. The stock isn't an obvious slam dunk today, but I do see signs of better days ahead. Opendoor deserves your consideration if you're i ...

The real estate tech leader is taking steps to get back on track. Opendoor Technologies (OPEN 10.00%) is recognized as an iBuying pioneer, making instant cash offers for homeowners to seamlessly navigate the real estate selling process. Unfortunately, the company has not yet been able to translate the significant potential of this transaction model into a successful business. The stock is down a catastrophic 95% from its pandemic-era peak amid recurring losses and prolonged housing market weakness. Still, t ...

Start Time: 17:00 January 1, 0000 5:38 PM ET Opendoor Technologies Inc. (NASDAQ:OPEN) Q2 2024 Earnings Conference Call August 01, 2024, 17:00 PM ET Company Participants Carrie Wheeler - CEO Christy Schwartz - CFO, Interim Dod Fraser - President, Open Exchange and Capital Kimberly Niehaus - Head, IR Conference Call Participants Dae Lee - JPMorgan Nick Jones - Citizens JMP Curtis Nagle - BofA Ryan Tomasello - KBW Nick McAndrew - Zelman Associates Operator Good day, and thank you for standing by. Welcome to Op ...

Opendoor Technologies Inc. (OPEN) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.31 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 63.64%. A quarter ago, it was expected that this company would post a loss of $0.17 per share when it actually produced a loss of $0.12, delivering a surprise of 29.41%. Over the last four quarters, the company ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________. Commission file number 001-39253 Opendoor Technologies Inc. (Exact name of registrant as specified in its charte ...

Exhibit 99.1 Opendoor Announces Second Quarter of 2024 Financial Results SAN FRANCISCO, California - August 1, 2024 - Opendoor Technologies Inc. (Nasdaq: OPEN), a leading ecommerce platform for residential real estate transactions, today reported financial results for its second quarter ended June 30, 2024. Opendoor's second quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations websit ...

SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its second quarter ended June 30, 2024. Opendoor's second quarter 2024 financial results and management commentary can be accessed through the Company's shareholder letter on the "Quarterly Reports" page of Opendoor's investor relations website at https://investor.opendoor.com. "We are proud of our second quar ...

SAN FRANCISCO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Mainstay ("Company"), formerly Open Exchange, a comprehensive market intelligence and transaction platform for the single-family rental industry, today announced its launch as an independent, privately-held company, marking its separation from Opendoor Technologies Inc. ("Opendoor") (NASDAQ:OPEN), a leading e-commerce platform for residential real estate transactions. Mainstay also announced an equity capital raise led by Khosla Ventures, with participation f ...

MONTREAL, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Dorel Industries, Inc. (TSX: DII.B, DII.A) | --- | --- | |----------|------------------------------------------------| | | | | OPEN TO: | Analysts, investors and all interested parties | | DATE: | Friday, August 9, 2024 | | TIME: | 1:00 PM Eastern Time | | CALL: | 1-844-763-8274 | THE PRESS RELEASE WILL BE PUBLISHED BEFORE MARKETS OPEN THE SAME DAY THROUGH GLOBENEWSWIRE. Please dial in 15 minutes before the conference begins. If you are unable to call in at this t ...

Opendoor Technologies (OPEN) is scheduled to release its second-quarter 2024 results on Aug 1, after market close. Q2 Expectations The consensus estimate for the company's loss per share is pegged at 11 cents, whereas it reported a loss of 31 cents in the year-ago quarter. The bottom line is expected to have been affected by weak margins. Our proven model does not conclusively predict an earnings beat for OPEN this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 ( ...