Recap: Blend Labs Q3 Earnings

Blend Labs BLND reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Blend Labs reported in-line EPS of $-0.09 versus an estimate of $-0.09.

Revenue was down $14.76 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 17.21% increase in the share price the next day.

Here's a look at Blend Labs's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.13	-0.18	-0.16
EPS Actual	-0.09	-0.15	-0.21	-0.19
Revenue Estimate	40.11M	33.80M	44.92M	50.44M
Revenue Actual	42.81M	37.34M	42.78M	55.35M

To track all earnings releases for Blend Labs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.