Offerpad Solutions Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 234.23 million compared to USD 821.73 million a year ago. Net loss was USD 19.99 million compared to USD 80.02 million a year ago. Basic loss per share from continuing operations was USD 0.73 compared to USD 4.86 a year ago. Diluted loss per share from continuing operations was USD 0.73 compared to USD 4.86 a year ago.
For the nine months, sales was USD 1,073.95 million compared to USD 3,275.1 million a year ago. Net loss was USD 101.78 million compared to USD 27.48 million a year ago. Basic loss per share from continuing operations was USD 3.9 compared to USD 1.69 a year ago. Diluted loss per share from continuing operations was USD 3.9 compared to USD 1.69 a year ago.