Offerpad Solutions (OPAD) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Offerpad Reports Second Quarter 2024 Results Gross Margin Improves for Third Consecutive Quarter CHANDLER, Ariz.—(BUSINESS WIRE)— Offerpad Solutions Inc. ("Offerpad") (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended June 30, 2024. "During the second quarter, we delivered revenue within our guidance and sequential improvement in Adjusted EBITDA. Our focus on expense management, and the continued growth in our a ...