Blend Labs (BLND) Tops Q3 EPS by 2c, Beats on Revenue; Offers Q4 Revenue Guidance

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Blend Announces Third Quarter 2024 Financial Results

November 6, 2024 4:05 PM EST

Welcomes New Customers and Accomplishes Important Financial Milestones for the Business

SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced its third quarter 2024 financial results.

The third quarter resulted in several big wins for Blend, including the signing of multi-year deals with new customers in both mortgage and consumer banking as well as the significant milestone of achieving non-GAAP operating profitability ahead of our fourth quarter target, said Nima Ghamsari, Head of Blend. This achievement reflects the... More