Blend Labs (BLND) Tops Q2 EPS by 1c

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Go back to Blend Labs (BLND) Tops Q2 EPS by 1c

Blend Announces Second Quarter 2022 Financial Results

August 15, 2022 4:05 PM EDT

Total revenue of $65.5 million led by Mortgage Banking outperformance and Consumer Banking and Marketplace growth, offset by lower Title365 revenue

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

Blend continues to gain market share in mortgage, and we are seeing traction in our consumer banking and marketplace business amid a highly uncertain mortgage banking and economic environment, said Nima Ghamsari, Head of Blend. We are addressing the challenging market conditions by playing to win... More