Opendoor Q1 Earnings Beat Wall Street — But OPEN Stock’s Bigger Test Starts Now
Opendoor Technologies surprised Wall Street with stronger first-quarter revenue, pushing the company to predict adjusted EBITDA breakeven for Q2—a milestone for its turnaround effort. Still, the headlines weren’t all positive: sales dropped 38% year over year, and its GAAP net loss deepened to $173 million.
