Real Estate News

Matterport Announces First Quarter 2024 Financial Results

Annualized Recurring Revenue hits record $96 million, up 21% year-over-yearNet loss improved 33% year-over-year; Non-GAAP net loss improved 80% year-over-yearCash used in operating activities improved 81% year-over-yearNet Dollar Expansion rate of 107% Total subscribers reach 1.0 million, up 30% year-over-yearSquare feet under management reached 40.7 billion, up 35% from prior year

SUNNYVALE, Calif.

Eric Feder joins Opendoor Board of Directors

SAN FRANCISCO, May 02, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Eric Feder, President of LENX and a senior executive at Lennar Corporation, has been appointed to its Board of Directors, effective as of May 1, 2024.

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