Blend Labs (BLND) Reports Q1 Loss, Tops Revenue Estimates

Blend Labs (BLND) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of$ 0.08. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this cloud-based platform for financial companies would post a loss of$ 0.08 per share when it actually produced a loss of $0.07, delivering a surprise of 12.50%.Over the last four quart ...