Offerpad Solutions Inc (OPAD) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for attending the OfferPad third quarter 2025 earnings call. My name is Cameron and I'll be your moderator for today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you would like to ask a question, please press star followed by one on your telephone keypad. And I would now like to pass the conference over to your host, Courtney Reed with OfferPad. You may proceed. Good afternoon and welcome to OfferPad's third quarter 2025 earnings call. I'm joined today by OfferPad's Chairman and Chief Executive Officer, Brian Baer, and Chief Financial Officer, Peter Knag. During the call today, management will make forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently uncertain and events could differ significantly from management's expectations. Please refer to the RISC uncertainties, and other factors relating to the company's business described in our filings with the U.S. Securities and Exchange Commission. Except as required by applicable law, OfferPad does not intend to update or alter forward-looking statements, whether as a result of new information, future events, or otherwise. On today's call, management will refer to certain non-GAAP financial measures. These metrics exclude certain items discussed in our earnings release under the heading non-GAAP financial measures. The reconciliation of Offerpad non-GAAP measures to the comparable GAAP measures are available in the financial tables of the first quarter earnings release on Offerpad's website. With that, I'll turn the call over to Brian. Thank you, Courtney, and thanks to everyone joining us today. The housing market remains in a p...