Opendoor Q4 Revenue, Homes Sold Plummet as CEO Looks to ‘Rescale Business’

Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, on Feb. 15 reported financial results for Q4 and full-year 2023. The numbers, like so many industry companies after the bruising year, were not good.  While the company earned $ 870 million in Q4 revenue, it was a 70% drop versus Q4 2022. A net…

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