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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.
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ:LPRO) on behalf of Open Lending stockholders. Our investigation concerns whether Open Lending has violated the federal securities laws and/or engaged in other unlawful business practices.
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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.
SAN FRANCISCO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today reported financial results for its fourth quarter and year ended December 31, 2024. Opendoor's fourth quarter and year-end 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/financials-filings/quarterly-reports.
A wider market reach is anticipated to have aided Opendoor Technologies' revenues in the fourth quarter of 2024.
Opendoor Technologies (OPEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.