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date
06/08/2025
Opendoor Technologies reported a revenue of $1.6 billion in the second quarter, analysts expected $1.5 billion. The adjusted net loss for the second quarter was $0.09 billion, compared to analysts' expectation of a loss of $0.137 billion. It is expected that the adjusted EBITDA for the third quarter will be $0.23 billion, while analysts expected $0.175 billion. The projected revenue for the third quarter is between $0.8 billion to $0.875 billion. It is also projected that the adjusted EBITDA will have a loss between $0.21 billion to $0.28 billion in the third quarter.
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