Blend Labs Sees Q3 Consolidated Revenue $38M-$42M Vs $43M Est
Portfolio Pulse from Benzinga Newsdesk
Blend Labs has projected its Q3 consolidated revenue to be between $38M and $42M, which is lower than the estimated $43M.
August 09, 2023 | 9:47 pm
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Blend Labs' projected Q3 revenue is lower than the estimated $43M, which could negatively impact investor sentiment.
Blend Labs' lower-than-expected Q3 revenue projection could lead to a negative market reaction, potentially driving the stock price down in the short term.
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IMPORTANCE 80
RELEVANCE 100