💨 Abstract

Blend Labs Inc. (BLND), a cloud-based platform for financial companies, reported a loss of $9.2 million in Q1 2025. The loss per share was 5 cents, but adjusted for stock options and discontinued operations, it was 1 cent per share. The company's revenue for the period was $26.8 million. Blend's shares closed at $3.29, up from $2.36 a year ago.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖