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OFFON

OPENDOOR TECHNOLOGIES INC.

(OPEN)
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Opendoor to Report Third Quarter 2021 Financial Results on November 10, 2021

10/12/2021 | 04:06pm EST

SAN FRANCISCO, Calif., Oct. 12, 2021 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading digital platform for residential real estate, today announced that it will report third quarter 2021 financial results for the period ended September 30, 2021, following the close of the market on Wednesday, November 10, 2021. On that day management will host a conference call and webcast at 2:00 p.m. PT (5:00 p.m. ET) to discuss the company’s business and financial results.

What: Opendoor Third Quarter 2021 Earnings Conference Call
When: Wednesday, November 10, 2021
Time: 2:00 p.m. PT (5:00 p.m. ET)
Live Webcast: A live webcast of the call can be accessed from the Events and Presentations page of the investor relations website, https://investor.opendoor.com

Replay: An archived webcast of the conference call will be available on Opendoor’s investor relations website for one year following the live call at https://investor.opendoor.com

About Opendoor
Opendoor’s mission is to empower everyone with the freedom to move. Since 2014, Opendoor has provided people across the U.S. with a radically simple way to buy, sell or trade-in a home. Opendoor operates in a growing number of markets across the U.S.

For more information, please visit www.opendoor.com.

Contacts

Investors:
Elise Wang
investors@opendoor.com

Media:
Sheila Tran / Charles Stewart
press@opendoor.com


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ę GlobeNewswire 2021
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Financials (USD)
Sales 2021 7 353 M - -
Net income 2021 -603 M - -
Net Debt 2021 4 407 M - -
P/E ratio 2021 -8,47x
Yield 2021 -
Capitalization 5 299 M 5 299 M -
EV / Sales 2021 1,32x
EV / Sales 2022 0,77x
Nbr of Employees 1 048
Free-Float 83,9%
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Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 8,65 $
Average target price 23,00 $
Spread / Average Target 166%
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Managers and Directors
Eric Wu Chairman & Chief Executive Officer
Andrew Low Ah Kee President
Carrie Ann Wheeler Chief Financial Officer
Ian Wong Chief Technology Officer
Daniel Morillo Chief Investment Officer