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Blend Labs (BLND) Reports Q1 Earnings: What Key Metrics Have to Say

May 8, 2024, 8:46 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Blend Labs reported $34.95 million in revenue, down 6.4% year-over-year. - EPS improved to -$0.06 from -$0.15 in the previous year, beating estimates. - Wall Street analysts projected revenue and earnings changes affect stock performance. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Blend Labs reported $34.95 million in revenue, down 6.4% year-over-year.
  • EPS improved to -$0.06 from -$0.15 in the previous year, beating estimates.
  • Wall Street analysts projected revenue and earnings changes affect stock performance.

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