Blend Announces Third Quarter 2024 Financial Results
Blend Labs, Inc. Class A (BLND)
Company Research
Source: Business Wire
Welcomes New Customers and Accomplishes Important Financial Milestones for the Business SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE:BLND), a leading origination platform for digital banking solutions, today announced its third quarter 2024 financial results.“The third quarter resulted in several big wins for Blend, including the signing of multi-year deals with new customers in both mortgage and consumer banking as well as the significant milestone of achieving non-GAAP operating profitability ahead of our fourth quarter target,” said Nima Ghamsari, Head of Blend. “This achievement reflects the dedication, focus and hard work of our entire team. Reaching this milestone now positions us to enter the next phase of our growth strategy. Our focus will be on generating profitable growth and ensuring our platform continues to deliver even more value for our customers over time.“We’re observing renewed optimism in the mortgage industry. Our pipeline has been strong throughout t
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News
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- Fastly Rises 69% in a Month: Should You Buy, Sell or Hold the Stock? [Yahoo! Finance]Yahoo! Finance
- Blend Labs, Inc. (NYSE: BLND) is now covered by analysts at JMP Securities. They set an "outperform" rating and a $7.00 price target on the stock.MarketBeat
- PHH Mortgage Partners with Blend to Revolutionize Home Lending OperationsBusiness Wire
BLND
Earnings
- 11/6/24 - Beat
BLND
Sec Filings
- 12/18/24 - Form 4
- 12/17/24 - Form 144
- 12/12/24 - Form 4
- BLND's page on the SEC website