Blend Labs (BLND) Tops Q1 EPS by 1c

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Go back to Blend Labs (BLND) Tops Q1 EPS by 1c

Blend Announces First Quarter 2022 Financial Results

May 12, 2022 4:05 PM EDT

Consolidated revenue of $71.5 million includes solid Blend Platform growth in declining U.S. mortgage market

Blend maintains 2022 revenue outlook

SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its first quarter 2022 financial results.

Blends first quarter reflects our growing mortgage banking market share in a challenging originations environment as well as strong growth in Consumer Banking & Marketplace revenue, said Nima Ghamsari, Head of Blend. We are excited to see more customers adopting our newer... More