BLND News and Press, Blend Labs Inc. Class A From 01/25/23

(NewsDirect) By Rachael Green, Benzinga Amid the highest inflation since 1981 , consumers across the United States are not only struggling to keep up with their savings goals, many are falling deeper into debt to cover the rising cost of living. One study by LendingTree last year ...

--News Direct-- By Rachael Green, Benzinga Amid the highest inflation since 1981 , consumers across the United States are not only struggling to keep up with their savings goals, many are falling deeper into debt to cover the rising cost of living. One study by LendingTree last ye...

Blend Labs ( NYSE: BLND ) plans to pare headcount , improve its investment strategies to enhance its product line, revenue models, and gross margins, and create a new position to head finance and administration as it maps out a path to profitability, the company said Tuesday. Blen...

Total cost reductions expected to deliver cumulative savings of over $100 million by end of 2023 relative to Q3 2022 when fully implemented Elevation of Blend Builder enhances revenue generation and margin profile with platform-as-a-service component Leadership appointments highli...

Nation’s 12th-Largest Credit Union Selects Blend’s Revolutionary Home Equity Product Blend, a leading provider of cloud banking software, announced today that Mountain America Credit Union selected its Instant Home Equity solution to provide members access to a fully digit...

Summary Chase Coleman’s 13F portfolio value decreased from $11.93B to $10.90B this quarter. Tiger Global added HubSpot and increased ServiceNow, Alphabet, and Uber Technologies while reducing NU Holdings, CrowdStrike, and SentinelOne. The largest three positions are JD.com, M...

Summary Blend Labs has quickly imploded after its public offering last year. Mortgage origination volumes falling off a cliff and an ill-timed acquisition are the culprits. The situation is very serious, although not yet hopeless, as serious investors have no business here. ...

Blend Labs, Inc. (BLND) Q3 2022 Earnings Conference Call November 10, 2022 4:30 PM ET Company Participants Crystal Sumner – Head-Legal Compliance and Risk Nima Ghamsari – Co-Founder and Head Marc Greenberg – Head-Finance Conference Call...

The following slide deck was published by Blend Labs, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Blend Labs, Inc. 2022 Q3 - Results - Earnings Call Presentation

Blend Labs press release ( NYSE: BLND ): Q3 GAAP EPS of -$0.57. Revenue of $55.35M (-38.2% Y/Y). As of September 30, 2022, Blend had cash, cash equivalents, and marketable securities totaling $400.8 million, with total debt outstanding of $225.0 million in the form of ...