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Chuan88
2021-11-11

Wish the share price shot up sharply !!😁💪🆙

Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21<blockquote>Opendoor报告收入为23亿美元，较2021年第二季度增长91%</blockquote>

Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported f

Opendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21<blockquote>Opendoor报告收入为23亿美元，较2021年第二季度增长91%</blockquote>

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Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.</p><p><blockquote><a href=\"https://laohu8.com/S/OPEN\">Opendoor技术公司</a>领先的住宅房地产数字平台今天公布了截至2021年9月30日的季度财务业绩。Opendoor 2021年第三季度财务业绩和管理层评论可通过Opendoor投资者关系网站https://investor.opendoor.com季度业绩页面上的公司股东信访问。</blockquote></p><p> “Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3&nbsp;billion of revenue, acquiring 15,181 homes, and delivering over $170&nbsp;million of Contribution Profit and $35&nbsp;million of Adjusted EBITDA.”</p><p><blockquote>“这些年来，我经常被问到我们的愿景和战略是否发生了变化。简短的答案是否定的——我们一直专注于让只需点击一个按钮就可以购买、出售和移动。在我们看来，房地产市场的最终状态将不可避免地是由技术驱动的简单、确定和快速的交易。这只是时间问题。因此，我们一直专注于一点一点地投资于未来的体验，每一步都以消费者为中心。我们非常自豪地努力工作，在消费者体验、技术、业务绩效和公司文化方面表现出色。这就是我们与众不同的地方。”Opendoor联合创始人兼首席执行官Eric Wu说道。“我们第三季度的业绩是我们关注消费者体验和强大、一致的执行力的副产品。我们超出了预期，创造了23亿美元的收入，收购了15,181套房屋，并实现了超过1.7亿美元的贡献利润和3500万美元的调整后EBITDA。”</blockquote></p><p> <b>Third Quarter 2021 Key Highlights</b></p><p><blockquote><b>2021年第三季度主要亮点</b></blockquote></p><p> Unless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.</p><p><blockquote>除非另有说明，所有比较均按季度进行。我们认为，鉴于我们去年因COVID-19决定暂停购房并积极出售库存，环比比较更能反映我们的基本增长趋势。</blockquote></p><p> <ul>  <li>Revenue of $2.3&nbsp;billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21</li>  <li>Gross profit of $202&nbsp;million, versus $159&nbsp;million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21</li>  <li>Net income of $(57)&nbsp;million, versus $(144)&nbsp;million in 2Q21</li>  <li>Adjusted Net Income of $(17)&nbsp;million, versus $2&nbsp;million in 2Q21</li>  <li>Contribution Profit of $170&nbsp;million, versus $128&nbsp;million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21</li>  <li>Adjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21</li>  <li>Expanded to 44 markets at the end of 3Q21 with 5 new market launches</li>  <li>Purchased 15,181 homes, up 79% versus 2Q21</li>  <li>Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21</li> </ul> <b>Outlook</b></p><p><blockquote><ul><li>收入为23亿美元，较2021年第二季度增长91%，共售出5,988套房屋，较2021年第二季度增长72%</li><li>毛利润为2.02亿美元，2021年第二季度为1.59亿美元；毛利率为8.9%，而2021年第二季度为13.4%</li><li>净利润为(57)百万美元，而2021年第二季度为(1.44亿)美元</li><li>调整后净利润为(17)百万美元，而2021年第二季度为200万美元</li><li>贡献利润1.7亿美元，而2021年第二季度为1.28亿美元；贡献率为7.5%，而2021年第二季度为10.8%</li><li>调整后EBITDA为3500万美元，而2021年第二季度为2600万美元；调整后EBITDA利润率为1.5%，而2021年第二季度为2.2%</li><li>在2021年第三季度结束时扩展至44个市场，并推出5个新市场</li><li>购买了15,181套房屋，比2021年第二季度增长79%</li><li>库存余额增至17,164套，价值63亿美元，较2021年第二季度增长130%</li></ul><b>世界观</b></blockquote></p><p> <ul>  <li>4Q21 revenue guidance of $3.1&nbsp;billion - $3.2&nbsp;billion</li>  <li>4Q21 Adjusted EBITDA1 guidance of ($5)&nbsp;million - $5&nbsp;million<img src=\"https://static.tigerbbs.com/05d7779e620cc1630ccc7ad04272a020\" tg-width=\"883\" tg-height=\"634\" referrerpolicy=\"no-referrer\"></li> </ul></p><p><blockquote><ul><li>2021年第四季度营收指引为31亿至32亿美元</li><li>2021年第四季度调整后EBITDA1指引为(5)百万至500万美元</li></ul></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpendoor Reports Revenue of $2.3 billion, up 91% versus 2Q21<blockquote>Opendoor报告收入为23亿美元，较2021年第二季度增长91%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time smaller\">2021-11-11 08:03</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/OPEN\">Opendoor Technologies Inc</a>&nbsp;, a leading digital platform for residential real estate, today reported financial results for its quarter ended September&nbsp;30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.</p><p><blockquote><a href=\"https://laohu8.com/S/OPEN\">Opendoor技术公司</a>领先的住宅房地产数字平台今天公布了截至2021年9月30日的季度财务业绩。Opendoor 2021年第三季度财务业绩和管理层评论可通过Opendoor投资者关系网站https://investor.opendoor.com季度业绩页面上的公司股东信访问。</blockquote></p><p> “Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3&nbsp;billion of revenue, acquiring 15,181 homes, and delivering over $170&nbsp;million of Contribution Profit and $35&nbsp;million of Adjusted EBITDA.”</p><p><blockquote>“这些年来，我经常被问到我们的愿景和战略是否发生了变化。简短的答案是否定的——我们一直专注于让只需点击一个按钮就可以购买、出售和移动。在我们看来，房地产市场的最终状态将不可避免地是由技术驱动的简单、确定和快速的交易。这只是时间问题。因此，我们一直专注于一点一点地投资于未来的体验，每一步都以消费者为中心。我们非常自豪地努力工作，在消费者体验、技术、业务绩效和公司文化方面表现出色。这就是我们与众不同的地方。”Opendoor联合创始人兼首席执行官Eric Wu说道。“我们第三季度的业绩是我们关注消费者体验和强大、一致的执行力的副产品。我们超出了预期，创造了23亿美元的收入，收购了15,181套房屋，并实现了超过1.7亿美元的贡献利润和3500万美元的调整后EBITDA。”</blockquote></p><p> <b>Third Quarter 2021 Key Highlights</b></p><p><blockquote><b>2021年第三季度主要亮点</b></blockquote></p><p> Unless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.</p><p><blockquote>除非另有说明，所有比较均按季度进行。我们认为，鉴于我们去年因COVID-19决定暂停购房并积极出售库存，环比比较更能反映我们的基本增长趋势。</blockquote></p><p> <ul>  <li>Revenue of $2.3&nbsp;billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21</li>  <li>Gross profit of $202&nbsp;million, versus $159&nbsp;million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21</li>  <li>Net income of $(57)&nbsp;million, versus $(144)&nbsp;million in 2Q21</li>  <li>Adjusted Net Income of $(17)&nbsp;million, versus $2&nbsp;million in 2Q21</li>  <li>Contribution Profit of $170&nbsp;million, versus $128&nbsp;million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21</li>  <li>Adjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21</li>  <li>Expanded to 44 markets at the end of 3Q21 with 5 new market launches</li>  <li>Purchased 15,181 homes, up 79% versus 2Q21</li>  <li>Grew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21</li> </ul> <b>Outlook</b></p><p><blockquote><ul><li>收入为23亿美元，较2021年第二季度增长91%，共售出5,988套房屋，较2021年第二季度增长72%</li><li>毛利润为2.02亿美元，2021年第二季度为1.59亿美元；毛利率为8.9%，而2021年第二季度为13.4%</li><li>净利润为(57)百万美元，而2021年第二季度为(1.44亿)美元</li><li>调整后净利润为(17)百万美元，而2021年第二季度为200万美元</li><li>贡献利润1.7亿美元，而2021年第二季度为1.28亿美元；贡献率为7.5%，而2021年第二季度为10.8%</li><li>调整后EBITDA为3500万美元，而2021年第二季度为2600万美元；调整后EBITDA利润率为1.5%，而2021年第二季度为2.2%</li><li>在2021年第三季度结束时扩展至44个市场，并推出5个新市场</li><li>购买了15,181套房屋，比2021年第二季度增长79%</li><li>库存余额增至17,164套，价值63亿美元，较2021年第二季度增长130%</li></ul><b>世界观</b></blockquote></p><p> <ul>  <li>4Q21 revenue guidance of $3.1&nbsp;billion - $3.2&nbsp;billion</li>  <li>4Q21 Adjusted EBITDA1 guidance of ($5)&nbsp;million - $5&nbsp;million<img src=\"https://static.tigerbbs.com/05d7779e620cc1630ccc7ad04272a020\" tg-width=\"883\" tg-height=\"634\" referrerpolicy=\"no-referrer\"></li> </ul></p><p><blockquote><ul><li>2021年第四季度营收指引为31亿至32亿美元</li><li>2021年第四季度调整后EBITDA1指引为(5)百万至500万美元</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2182445058","content_text":"Opendoor Technologies Inc , a leading digital platform for residential real estate, today reported financial results for its quarter ended September 30, 2021. Opendoor’s third quarter 2021 financial results and management commentary can be accessed through the Company’s shareholder letter on the quarterly results page of Opendoor’s investor relations website at https://investor.opendoor.com.\n“Over the years, I am often asked whether our vision and strategy has changed. The short answer is no - we have always been focused on making it possible to buy, sell, and move at the tap of a button. In our view, the end state for the real estate marketplace will inevitably be a simple, certain, and fast transaction powered by technology. It is just a matter of when. So we have been consistently focused on investing in that future experience, piece by piece, with the consumer in mind at every step. We take great pride in doing the hard work to execute with excellence in our consumer experience, technology, business performance, and company culture. This is what sets us apart,” said Eric Wu, Co-Founder and CEO of Opendoor. “Our third quarter results are the byproduct of our focus on the consumer experience and strong, consistent execution. We exceeded our expectations in generating $2.3 billion of revenue, acquiring 15,181 homes, and delivering over $170 million of Contribution Profit and $35 million of Adjusted EBITDA.”\nThird Quarter 2021 Key Highlights\nUnless otherwise stated, all comparisons are on a quarter-over-quarter basis. We believe that sequential comparisons better reflect our underlying growth trends given our decision to pause home acquisitions and actively sell through our inventory last year due to COVID-19.\n\nRevenue of $2.3 billion, up 91% versus 2Q21, with 5,988 total homes sold, up 72% versus 2Q21\nGross profit of $202 million, versus $159 million in 2Q21; gross margin of 8.9%, versus 13.4% in 2Q21\nNet income of $(57) million, versus $(144) million in 2Q21\nAdjusted Net Income of $(17) million, versus $2 million in 2Q21\nContribution Profit of $170 million, versus $128 million in 2Q21; Contribution Margin of 7.5%, versus 10.8% in 2Q21\nAdjusted EBITDA of $35 million versus $26 million in 2Q21; Adjusted EBITDA Margin of 1.5% versus 2.2% in 2Q21\nExpanded to 44 markets at the end of 3Q21 with 5 new market launches\nPurchased 15,181 homes, up 79% versus 2Q21\nGrew inventory balance to 17,164 homes, representing $6.3 billion in value, up 130% versus 2Q21\n\nOutlook\n\n4Q21 revenue guidance of $3.1 billion - $3.2 billion\n4Q21 Adjusted EBITDA1 guidance of ($5) million - $5 million","news_type":1,"symbols_score_info":{"OPEN":0.9}},"isVote":1,"tweetType":1,"viewCount":2397,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":38,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}