OPAD - Offerpad Solutions GAAP EPS of -$0.49 misses by $0.26 revenue of $677.2M beats by $115.18M guidance below consensus
- Offerpad Solutions press release ( NYSE: OPAD ): Q4 GAAP EPS of -$0.49 misses by $0.26 .
- Revenue of $677.2M (-21.9% Y/Y) beats by $115.18M .
- FQ1 Revenue expected in the range of $480M – $540M, vs. consensus of $624.40M.
- “We expect our first quarter 2023 results to reflect sequential bottom line improvement driven by improving returns and cost reductions,” said Mike Burnett, CFO of Offerpad.
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Offerpad Solutions GAAP EPS of -$0.49 misses by $0.26, revenue of $677.2M beats by $115.18M, guidance below consensus