Key Takeaways Opendoor hit $1.57B in Q2 revenues and first adjusted EBITDA profit in three years. Compass posted $2.06B revenues in Q2, with 21% growth and a 63% EBITDA gain. OPEN guides Q3 revenue down to $800-$875M, while COMP expects a sequential drop to $1.73-$1.85B. The U.S. real estate market has been anything but predictable, putting pressure on companies that built their models around innovation and disruption. Two names that often come up in this conversation are Opendoor Technologies Inc. ((OPEN), ...

Key Points Opendoor's co-founders are back, and a new CEO is joining from Shopify. New leadership is focused on lowering operating expenses and prioritizing product innovation. 10 stocks we like better than Opendoor Technologies › In late June, shareholders of real estate company Opendoor Technologies (NASDAQ: OPEN) were holding a stock that was down 99% from its all-time high set back in 2021. It was a disregarded penny stock, seemingly doomed for ultimate failure. But in under three months, Open ...