Blend Labs (NYSE:BLND) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Blend Labs reported in-line EPS of $-0.09 versus an estimate of $-0.09.
Revenue was down $14.76 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 17.21% increase in the share price the next day.
Here’s a look at Blend Labs’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.18 | -0.16 | |
| EPS Actual | -0.09 | -0.15 | -0.21 | -0.19 |
| Revenue Estimate | 40.11M | 33.80M | 44.92M | 50.44M |
| Revenue Actual | 42.81M | 37.34M | 42.78M | 55.35M |
To track all earnings releases for Blend Labs visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.