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Offerpad On Path To Profitability As Net Losses Slid 75% In Q3

Arizona-based iBuyer Offerpad reported its Q3 earnings on Thursday, with revenues declining 71 percent year over year to $234.2 million. Despite diminished transaction activity, the company dramatically slimmed losses and is on track to reach Adjusted EBITDA profitability by 2024.

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