Offerpad posts a decline in annual revenue, but improves Q1 losses
The iBuyer lost $17.5M between January and March, according to an earnings call Monday afternoon. However, that represents a 71% improvement compared to a year earlier
by Jim Dalrymple II May 6
Offerpad narrows Q4 loss, expects to be back in black later this year
The iBuyer expects to sell between 750 and 850 homes during Q1 2024, generate $245M to $285M in revenue and achieve positive adjusted EBITDA earnings later this year
by Matt Carter Feb 26