Offerpad Solutions reports Q2 EPS (82c), consensus ($1.43)

Reports Q2 revenue $230.15M, consensus $181.79M. “We exceeded our financial expectations across the board,” said Brian Bair, chairman and CEO of Offerpad. “Our outperformance in the second quarter reflects the improvements we have made to our business processes and our elevated focus on profitability through margin expansion and cost discipline. Our agile business model makes integrating improvements and adapting to changing market conditions part of our everyday culture,” said Bair.