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BLND News and Press, Blend Labs Inc. Class A From 03/31/22

Stock Information

Company Name: Blend Labs Inc. Class A
Stock Symbol: BLND
Market: NYSE
Website: blend.com

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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 d...

BLND - Blend Announces Fourth Quarter and Full Year 2021 Financial Results

Fourth Quarter Revenue Growth Driven by Blend Platform Segment Full Year 2022 Revenue Guidance Reflects Expected 35% Mortgage Industry Volume Decline from Full Year 2021 Level Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced its four...

BLND - Notable earnings after Thursday's close

ADMP, AEHR, ASTR, ASTS, BB, BIOC, BLND, CALA, DARE, DCT, FUV, MARK, NBEV, NCNO, NVVE, PL, PL, PPSI, REED, REKR, OTCQX:SHWZ, SPRO, OTCQX:TPRFF, VERB, VISL, VJET, VTSI For Seeking Alpha's full earnings season calendar, click here. For further details see: Notable earnings after Thursday's...

BLND - Blend Labs: A First Assessment

Today, we put a small fintech concern called Blend Labs into the spotlight for the first time. The company has delivered solid revenue growth but there are growing concerns around its exposure to the mortgage market. A full investment analysis follows in the paragraphs below. ...

BLND - Blend Labs downgraded to Hold at Truist as mortgage application volumes fall

Blend Labs (NYSE:BLND) stock is dropping 2.3% in premarket trading after Truist Financial analyst Terry Tillman downgrades the the lending platform to Hold from Buy. Lower industry Q4 mortgage application volumes and Fannie Mae's lower revised forecast adds to the risk side of the e...

BLND - Blend Changes Date for Release of Fourth Quarter and Full Year 2021 Financial Results to March 31, 2022

Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that the Company will host a conference call on Thursday, March 31, 2022 at 5:00 pm ET to discuss its fourth quarter and full year 2021 financial results. A press release, with accompanying financial info...

BLND - Tracking Chase Coleman's Tiger Global Portfolio - Q4 2021 Update

Chase Coleman’s 13F portfolio value decreased from $52.06B to $45.94B this quarter. Tiger Global increased Snowflake, Carvana, and Zoom Video while decreasing Microsoft and Amazon.com during the quarter. They also dropped TransDigm Group. The largest three positions are Mic...

BLND - Blend to Announce Fourth Quarter and Full Year 2021 Financial Results on March 22, 2022

Blend Labs, Inc. (NYSE: BLND), a leader in cloud banking software, today announced that the Company will host a conference call on Tuesday, March 22, 2022 at 5:00 pm ET to discuss its fourth quarter and full year 2021 financial results. A press release, with accompanying financial infor...

BLND - Why did Nu Holdings stock go up today? Fintechs take charge

Shares of Nu Holdings (NYSE:NU) jumped 14.5% on Wednesday, as fintech stocks rallied on a broad risk-on day. NU shares closed at its highest level seen since mid-December - around the same time when the company debuted on the New York Stock Exchange. Aside from NU, fintech stoc...

BLND - Why did Upstart Holdings stock go up today? Stock market boost

Amid a broader stock market rally, lending platform Upstart (NASDAQ:UPST) stock performs the best among its fintech peers. All three major stock market indices drift higher towards the close. Shares of Upstart (UPST +12.4%) remain elevated in the last hour of Wednesday's session, though still...

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