Offerpad reports Q3 EPS (49c), consensus (44c)

Reports Q3 revenue $208.1M, consensus $204.6M. “During the third quarter, we delivered revenue at the high end of our guidance. We’ve expanded our asset-light services, strengthened partnerships, and optimized our organization,” said Brian Bair, Offerpad’s CEO. “This positions Offerpad well as we return to normalized acquisition levels in our cash offer business with a streamlined cost structure.”