Offerpad Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
Offerpad Solutions Inc. Class A (OPAD)
Company Research
Source: Yahoo! Finance
Reiterates expectation to achieve sustainable Adjusted EBITDA profitability in 2024 CHANDLER, Ariz., February 26, 2024 BUSINESS WIRE )--Offerpad Solutions Inc. ("Offerpad") (NYSE: OPAD), a leading tech-enabled platform for residential real estate, today released financial results for the three months ended and full year December 31, 2023. "We successfully navigated 2023 from a position of operational excellence," said Brian Bair, chairman and CEO. "During the year, we acted decisively to streamline the business and reduce costs, setting us up to drive improved top line growth and profitability in 2024 and beyond. At the same time, our team remains focused on leveraging our foundational cash offering to grow Offerpad's asset light services and diversify our revenue streams. "Looking at 2024, we will continue to prioritize our strategic imperatives, which include removing the friction from real estate, advancing our asset light product lines, and expanding our partner ecosystem.
Show less
Read more
Impact Snapshot
Event Time:
OPAD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OPAD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OPAD alerts
High impacting Offerpad Solutions Inc. Class A news events
Weekly update
A roundup of the hottest topics
OPAD
News
- Offerpad Solutions Inc. (OPAD) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release [Yahoo! Finance]Yahoo! Finance
- Offerpad to Release First Quarter Results on May 6thBusiness Wire
- Offerpad Solutions Inc. (NYSE: OPAD) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $12.00 price target on the stock.MarketBeat
- Offerpad Sponsors IMN’s Single Family Rental Forum East and West to Deliver a Solutions Center for AllBusiness Wire
- Offerpad, Irsa Inversiones Y Representaciones, Safe and Green Development among real estate movers [Seeking Alpha]Seeking Alpha
OPAD
Earnings
- 2/26/24 - Miss
OPAD
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- OPAD's page on the SEC website