Financial PerformanceOpendoor Technologies reported solid upside in first-quarter results across the board, exceeding expectations for revenue and EBITDA.
Home Sales PerformanceOpendoor sold 2,946 homes, surpassing expectations, and purchased 3,609 homes, also exceeding forecasts.
Strategic InitiativesThe new seller referral program pilot is expected to improve conversion rates and provide asset-light revenue diversification.