India, March 14 -- Blend Labs, Inc (..) reported Loss for fourth quarter that decreased from last year in line with the Street estimates.
The company's bottom line totaled -$31.81 million, or -$0.13 per share. This compares with -$82.71 million, or -$0.35 per share, in last year's fourth quarter.
Excluding items, Blend Labs, Inc reported adjusted earnings of -$21.62 million or -$0.09 per share for the period.
Analysts on average had expected the company to earn -$0.09 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 15.6% to $36.10 million from $42.79 million last year.
Blend Labs, Inc earnings at a glance (GAAP) :
-Earnings (Q4...