Blend Labs (BLND) Tops Q2 EPS by 4c; Offers Q3 Revenue Guidance

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Go back to Blend Labs (BLND) Tops Q2 EPS by 4c; Offers Q3 Revenue Guidance

Blend Announces Second Quarter 2023 Financial Results

August 9, 2023 4:05 PM EDT

Second Quarter Results Exceed Guidance on Revenue and Non-GAAP Operating Loss; Accelerates Path to Profitability

SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its second quarter 2023 financial results.

Blends second quarter results once again beat our top and bottom-line expectations. Revenue is benefiting from faster adoption of add-on mortgage products and new deployments of our consumer banking suite. At the same time, we are progressing ahead of schedule on our cost reduction efforts, said Nima Ghamsari, Head of... More