Blend Labs (BLND) Tops Q1 EPS by 1c

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Blend Announces First Quarter 2024 Financial Results

May 8, 2024 4:05 PM EDT

Meets Revenue Guidance and Outperforms Operating Loss Target in First Quarter 2024

SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its first quarter 2024 financial results.

Blend continued to grow our customer base and product suite in the first quarter. We welcomed new customers, executed large-scale deployments, including two of the top 10 credit unions in the U.S.*, and grew our pipeline, which now includes two more of the largest financial institutions in the country.

We also added core... More