Blend Labs (BLND) Reports Q2 Loss, Tops Revenue Estimates

Blend Labs (BLND) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of$ 0.05. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this cloudbased platform for financial companies would post a loss of$ 0.08 per share when it actually produced a loss of $0.06, delivering a surprise of 25%. Over the last four quarter ...