BLND - Blend Labs GAAP EPS of -$0.32 misses by $0.08 revenue of $80.99M misses by $0.26M

Blend Labs press release (NYSE:BLND): Q4 GAAP EPS of -$0.32 misses by $0.08. Revenue of $80.99M (+164.4% Y/Y) misses by $0.26M. Shares -14%. Q1 2022 Guidance: First quarter 2022 consolidated revenue is expected to be $63 million to $66 million (vs. consensus of $77.45M), reflecting a modest decline in Blend Platform segment revenues from their first quarter 2021 level, and a decline of approximately 20% in the Title365 segment revenues from their fourth quarter 2021 level. Full Year revenue is expected to range between $230-250, comprising of Title365 $90-$100M and Blend Platform $140-$150M revenue.

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Blend Labs GAAP EPS of -$0.32 misses by $0.08, revenue of $80.99M misses by $0.26M