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Offerpad Solutions misses September quarterly guidance across the board

Earnings Whispers · ·by G4L

OPAD
OPAD Offerpad Solutions Inc
$2.15 +1.90%
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  1. 1Offerpad Solutions recorded $78.07 million in revenue for the September quarter.
  2. 2This represents a 41.2% year-over-year decrease in revenue for Offerpad Solutions.
  3. 3Offerpad Solutions purchased 605 homes in the third quarter.

So what's the key point?

Offerpad Solutions' revenue decreased by 41.2% compared to last year. This means the amount of money the company is earning has dropped significantly.

Source Earnings Whispers · View original ↗

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