Blend Labs (BLND) Misses Q4 EPS by 1c
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Blend Announces Fourth Quarter and Full Year 2024 Financial Results
February 27, 2025 4:05 PM ESTWelcomes Major New Customers; Achieves Strong Revenue Through Difficult Macro
SAN FRANCISCO--(BUSINESS WIRE)-- Blend Labs, Inc. (NYSE: BLND), a leading origination platform for digital banking solutions, today announced its fourth quarter and full year 2024 financial results.
2024 was a pivotal year for Blend. In Q4, we brought on several new customers, including PHH Mortgage and a top 10 U.S. bank, said Nima Ghamsari, Head of Blend. We achieved 42% annual revenue growth in our Consumer Banking business, reinforcing its promise as an emerging growth driver. At the same time, we... More
