The iBuyer’s revenue declined 24 percent year over year to $1.5 billion as losses hit $92 million, down from positive income of $23 million the previous year.
Source: Inman News
Opendoor’s revenue declines as losses also grow in second quarter
Published in Carrie Wheeler, ibuyers, instant offer, Markets & Economy, News Brief, opendoor, Opendoor earnings, q2 2024 earnings, Q2 earnings and Select
More from Carrie WheelerMore posts in Carrie Wheeler »
More from ibuyersMore posts in ibuyers »
More from instant offerMore posts in instant offer »
More from Markets & EconomyMore posts in Markets & Economy »
More from News BriefMore posts in News Brief »
More from opendoorMore posts in opendoor »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
More from Opendoor earningsMore posts in Opendoor earnings »
More from q2 2024 earningsMore posts in q2 2024 earnings »
More from Q2 earningsMore posts in Q2 earnings »
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
Be First to Comment