Financial PerformanceOpendoor Technologies reported solid upside in first-quarter results across the board, exceeding expectations for revenue and EBITDA.
Operational PerformanceOpendoor sold 2,946 homes, surpassing expectations, and purchased 3,609 homes, also exceeding forecasts.
Product InnovationOPEN'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.