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Opendoor Technologies Inc. (NASDAQ:OPEN) reported first-quarter results after Thursday’s closing bell, beating estimates on the top and bottom lines.
Here’s a look at the details inside the report.
- OPEN stock is moving. Watch the price action here.
Opendoor Q1 Details
Opendoor reported quarterly losses of five cents per share, which beat the analyst consensus estimate for losses of seven cents, according to Benzinga Pro data.
Quarterly sales of $720 million, which beat the Street estimate of $666.54 million by 8.02%.
Opendoor reported the following first-quarter highlights:
- Homes purchased increased 45% from the prior quarter.
- 5,000+ acquisition contracts in the first quarter of …
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