Financial PerformanceOpendoor Technologies reported solid upside in first-quarter results across the board, exceeding expectations for revenue and EBITDA.
Product DiversificationOPEN's announcement of Cash Plus & Key Connections will allow the company to evolve from a primarily Cash Offer business to a platform with diverse seller solutions & lower risk profile.
Sales PerformanceOpendoor sold 2,946 homes, surpassing expectations, and purchased 3,609 homes, also exceeding forecasts.