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Earnings & Chill: Opendoor To Stream Earnings Direct to Investors on Robinhood, Debuting New 'Financial Open House' Format and Interactive Q&A for Shareholders
Globenewswire· 2025-10-30 16:00
Core Viewpoint - Opendoor Technologies Inc. is transforming its quarterly earnings presentation into a "Financial Open House," utilizing livestreaming on Robinhood to enhance shareholder engagement and transparency [1][5]. Group 1: Earnings Presentation Format - The new format will debut on November 6, 2025, at 2:00 PM PT / 5:00 PM ET, allowing shareholders to ask questions in real-time [1][8]. - This approach contrasts with traditional earnings calls, where shareholders typically lack the opportunity to engage directly with company executives [2][3]. Group 2: Shareholder Engagement - The presentation will feature CEO Kaz Nejatian and Interim CFO Christy Schwartz, with a pre-recorded segment covering Q3 2025 financial results followed by a live Q&A session [4]. - Shareholders can submit and upvote questions until November 5, ensuring that the most relevant inquiries are addressed during the live session [4][8]. Group 3: Corporate Philosophy - The company emphasizes the importance of transparency and accessibility in communications with shareholders, aiming to modernize investor relations [4][6]. - Nejatian stated that the goal is to create a straightforward and inclusive experience for shareholders, eliminating barriers such as dial-in codes and gatekeepers [4][5]. Group 4: Future Implications - Opendoor plans to share insights gained from this initiative with other public companies, advocating for a shift in how earnings calls are conducted across the industry [6]. - The company believes that this model should become the standard for public companies, focusing on the needs of actual shareholders rather than a select group of analysts [6].