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OPAD News and Press, Offerpad Solutions Inc. Class A From 02/01/23

Stock Information

Company Name: Offerpad Solutions Inc. Class A
Stock Symbol: OPAD
Market: NYSE
Website: offerpad.com

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OPAD - Offerpad Announces $90 Million Private Placement

Offerpad Solutions Inc. (“Offerpad”, “Company”) (NYSE: OPAD), a leading real estate tech company built to simplify home buying and selling, announced today that it has entered into subscription agreements with a group of private investors, together with CEO Brian Bair ...

OPAD - Offerpad to Release Fourth-Quarter and Full-Year 2022 Results on February 22nd

Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading tech-enabled platform for residential real estate, announced today the company will release fourth-quarter and full-year 2022 financial results on Wednesday, February 22, 2023. The company also will host a conference call ...

OPAD - Here's Why These 2 Stocks Soared 28% and 57% to Start 2023

The stock market is off to a positive start in 2023, with the Nasdaq-100 technology index trading higher by more than 6% so far. If this continues -- and history suggests it might -- this year could be the polar opposite of 2022, when the index declined by more than 33%. But the recen...

OPAD - Which iBuyer Could Stage A Recovery In 2023, Opendoor Or Offerpad?

Summary Opendoor and Offerpad are both down by around 93% year-to-date. Their disruptive home-buying model looks set to get discombobulated by the falling real estate prices next year. High leverage ratios against rising interest rates have rendered a new position in both companies ...

OPAD - Single-Family Rental REITs: Save The Gloom And Doom

Summary Single-Family Rental REITs have uncharacteristically lagged this year- dipping by more than 30% - swept up by stiff headwinds across the housing industry from the historic surge in mortgage rates. While residential rent growth has moderated significantly over the past quarter fr...

OPAD - Offerpad Among Top 100 Businesses Honored by Chandler Chamber of Commerce

Offerpad (NYSE: OPAD), a leading real estate tech company built to simplify home buying and selling, today announced it has been selected as one of the Top 100 businesses in Chandler, Arizona, by the Chandler Chamber of Commerce. Offerpad, along with other Chandler-based businesses,...

OPAD - Offerpad Receives Notice of Non-Compliance with NYSE Trading Share Price Listing Rule

Offerpad Solutions Inc. (“Offerpad” or the “Company”) (NYSE:OPAD), a leading tech-enabled platform for residential real estate, today announced that it received notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance wi...

OPAD - Offerpad Solutions Inc. (OPAD) Q3 2022 Earnings Call Transcript

Offerpad Solutions Inc. (OPAD) Q3 2022 Earnings Conference Call November 02, 2022 05:00 PM ET Company Participants Stefanie Layton - Vice President-Investor Relations & ESG Brian Bair - Chairman & Chief Executive Officer Michael Burnett - Chief Financial ...

OPAD - Offerpad Solutions GAAP EPS of -$0.32 misses by $0.19, revenue of $821.7M beats by $126.9M

Offerpad Solutions press release ( NYSE: OPAD ): Q3 GAAP EPS of -$0.32 misses by $0.19 . Revenue of $821.7M (+52.1% Y/Y) beats by $126.9M . Gross Profit was $2.2 million compared to $53.1 million Net Loss was $80.0 million compared to $15.3 millio Adjus...

OPAD - Offerpad Reports Third Quarter 2022 Results

Q3 year-over-year revenue increased 52% to $821.7 million Offerpad Solutions Inc. (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Financia...

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