Blend Labs (BLND) Misses Q4 EPS by 13c, Offers Guidance

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Blend Announces Fourth Quarter and Full Year 2021 Financial Results

March 31, 2022 4:15 PM EDT

Fourth Quarter Revenue Growth Driven by Blend Platform Segment

Full Year 2022 Revenue Guidance Reflects Expected 35% Mortgage Industry Volume Decline from Full Year 2021 Level

SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2021 financial results. In addition, the company provided its full year and first quarter 2022 revenue guidance on a consolidated basis and for its two reporting segments.

Blend achieved major milestones in 2021, including our IPO, and a large acquisition for... More