Opendoor Technologies Inc. (OPEN) Q4 2022 Earnings Call Transcript

Opendoor Applied sciences Inc. (NASDAQ:OPEN) This fall 2022 Earnings Convention Name February 23, 2023 5:00 PM ET

Firm Contributors

Elise Wang – Vice President, Investor Relations

Carrie Wheeler – Chief Govt Officer

Christy Schwartz – Interim Chief Monetary Officer

Dod Fraser – President, Capital Markets and Enterprise Enterprise

Convention Name Contributors

Nick Jones – JMP Securities

Jay McCanless – Wedbush

Chad Larkin – Oppenheimer

Ygal Arounian – Citi

Justin Patterson – KeyBanc Capital Markets

Curtis Nagle – Financial institution of America

Ryan Tomasello – KBW

Ryan McKeveny – Zelman & Associates


Good day and thanks for standing by. Welcome to the Opendoor Fourth Quarter 2022 Earnings Convention Name. Presently, all members are in a listen-only mode. After the audio system’ presentation, there shall be a question-and-answer session. [Operator Instructions]

Please be suggested that in the present day’s convention is being recorded. I’d now like handy the convention over to your speaker in the present day, Elise Wang, Vice President of Investor Relations. Please go forward.

Elise Wang

Thanks and good afternoon. Particulars of our outcomes and extra administration commentary can be found in our earnings launch and shareholder letter, which will be discovered on the Investor Relations part of our web site at Please be aware that this name shall be concurrently webcast on the Investor Relations part of the corporate’s company web site.

Earlier than we begin, I want to remind you that the next dialogue accommodates forward-looking statements throughout the which means of the federal securities legal guidelines. All statements aside from statements of historic truth are statements that might be deemed forward-looking, together with, however not restricted to, statements relating to Opendoor monetary situation, anticipated monetary efficiency, enterprise technique and plans, market alternative and growth, and administration aims for future operations.

These statements are neither guarantees nor ensures and undue reliance shouldn’t be positioned on them. Such

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