Blend Announces Fourth Quarter and Full Year 2022 Financial Results
Blend Labs, Inc. Class A (BLND)
Company Research
Source: Business Wire
Blend delivers on 2022 total company revenue guidance amidst challenging economic conditions SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2022 financial results.“Blend navigated a challenging 2022, outperforming a rapidly declining mortgage origination market, taking actions to significantly reduce our cost structure, and introducing composable origination with our evolved Blend Builder Platform that will accelerate our vision of digitally transforming banking,” said Nima Ghamsari, Head of Blend. “In 2023, we have three strategic priorities: deliver on our cost reduction objectives, enhance the value we provide to our mortgage customers, and drive adoption of our Blend Builder Platform. Amidst an ongoing uncertain period for our industry, we’re pleased with our execution on what remains in our control, and are supported by a solid capital position underpinning our growth plans.”Fin
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News
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- Blend Labs, Inc. (NYSE:BLND) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Randolph-Brooks Federal Credit Union Selects Blend to Transform its Loan Origination ExperienceBusiness Wire
- Blend Labs, Inc. (NYSE: BLND) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $1.60 to $3.10. They now have a "buy" rating on the stock.MarketBeat
- Blend Labs, Inc. (NYSE: BLND) had its price target raised by analysts at Keefe, Bruyette & Woods from $1.85 to $2.65. They now have a "market perform" rating on the stock.MarketBeat
BLND
Earnings
- 11/7/23 - Beat
BLND
Sec Filings
- 4/15/24 - Form 4
- 3/25/24 - Form 4
- 3/22/24 - Form 144
- BLND's page on the SEC website