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Showing posts with label Social Capital. Show all posts
Showing posts with label Social Capital. Show all posts

Wednesday, August 11, 2021

Opendoor Technologies (OPEN) reported earnings on Wed 11 Aug 21 (a/h)

Posted upside results for Q2. Co sold 3,481 homes, up +41% sequentially, and acquired a record 8,494 homes in the quarter. Co states that it is operating at a second half revenue run rate that is on track to meet co's previously communicated 2023 target. Guided Q3 revs above consensus.
  • The online residential real-estate firm  went public via a reverse merger with a SPAC called Social Capital on Dec 21, 2020