Blend Labs First Quarter 2025 Earnings: Misses Expectations

Blend Labs (NYSE:BLND) First Quarter 2025 Results

Key Financial Results

• Revenue: US$26.8m (down 23% from 1Q 2024).
• Net loss: US$11.9m (loss narrowed by 46% from 1Q 2024).
• US$0.046 loss per share (improved from US$0.088 loss in 1Q 2024).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Blend Labs Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 6.3%. Earnings per share (EPS) also missed analyst estimates by 37%.

Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 6.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Blend Labs' balance sheet and an in-depth analysis of the company's financial position.

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