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0 0 0 0 -4.25531914892625E-05 0.0595744680851064 0.0851063829787235 0.127659574468085
Stock impact report

Blend Announces Fourth Quarter and Full Year 2023 Financial Results

Blend Labs, Inc. Class A (BLND) 
Company Research Source: Business Wire
Meets Fourth Quarter 2023 Revenue Guidance and Delivers Strong Operating Loss Improvement in Every Quarter in 2023 SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2023 financial results.“Despite a challenging market environment, Blend has achieved substantial progress on our three strategic priorities over the course of 2023,” said Nima Ghamsari, Head of Blend. “First, we’ve expanded our consumer banking footprint by achieving double digit year-on-year revenue growth in every quarter. Second, we continued to deepen our mortgage relationships and maintain our leading market share. And third, we’ve succeeded in streamlining our cost structure, which resulted in a significant reduction in loss from operations.“Looking ahead, we are optimistic about our strong pipeline and we will continue to accelerate our growth as we work towards our mission of building simple, proactive, and instant e Show less Read more
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