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Public signal · 1-minute delayed
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AI summary
What happened, with direct paths to the underlying reporting
- Quarterly loss of $0.06 per share, better than estimated $0.08 loss, with a 25% earnings surprise. - Revenues of $34.95 million beat estimates by 2.97%, but lower than previous year. - Blend Labs stock has lost 5.5% YTD, underperforming the S&P 500. - Earnings outlook unfavorable, Zacks Rank #4 (Sell) with potential underperformance. - Industry Rank for Internet - Software is in the top 28% of Zacks industries. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Quarterly loss of $0.06 per share, better than estimated $0.08 loss, with a 25% earnings surprise.
- Revenues of $34.95 million beat estimates by 2.97%, but lower than previous year.
- Blend Labs stock has lost 5.5% YTD, underperforming the S&P 500.
- Earnings outlook unfavorable, Zacks Rank #4 (Sell) with potential underperformance.
- Industry Rank for Internet - Software is in the top 28% of Zacks industries.
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