Benzinga | May 11, 2021 04:18PM EDT

Opendoor Technologies Q1 EPS $(0.48), Inline, Sales $747.27M Beat $620.18M Estimate

Opendoor Technologies (NASDAQ:OPEN) reported quarterly losses of $(0.48) per share which met the analyst consensus estimate. This is a 35.14 percent increase over losses of $(0.74) per share from the same period last year. The company reported quarterly sales of $747.27 million which beat the analyst consensus estimate of $620.18 million by 20.49 percent. This is a 40.50 percent decrease over sales of $1.26 billion the same period last year.