BLND - Blend Labs jumps 12% after beating topline estimates and guiding FY revenue
- Blend Labs ( NYSE: BLND ) Q2 topline shows a 104% jump to $65.54M, beats consensus by $5.58M.
- Segment-wise revenue: Blend platform of $33.6M, up by $1.5M, or 5%, against a 37% decline in mortgage market volume in the same period; Mortgage Banking revenue of $23.9M, down 6%; Title365 segment revenue was $31.9M
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Blend Labs jumps 12% after beating topline estimates and guiding FY revenue