Opendoor Technologies Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1,976 million compared to USD 4,198 million a year ago. Net income was USD 23 million compared to net loss of USD 54 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
For the six months, sales was USD 5,096 million compared to USD 9,349 million a year ago. Net loss was USD 78 million compared to USD 26 million a year ago. Basic loss per share from continuing operations was USD 0.12 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.12 compared to USD 0.04 a year ago.