Blend Labs (BLND) Misses Q3 EPS by 27c

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Blend Reports Third Quarter 2021 Financial Results

November 10, 2021 4:15 PM EST

Blend Platform segment achieves strong revenue growth driven by high retention, deepening of customer relationships and new logo wins;
Raises full year 2021 revenue guidance midpoint by $13 million

SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced financial results for the third quarter ended September 30, 2021.

Financial and Operating Highlights

Total revenue of $89.6 million, net of $4.2 million of underwriter commissions related to Title365 (reflecting a change from Title365s predecessor accounting policy, under... More