Tag Archives: earnings reports

New customers and layoffs help Blend approach profitability

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In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Continue reading →

Offerpad trims Q2 loss, but sales and revenue continue to slide

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Shares in Offerpad hit a new all-time low in after-hours trading Monday after the iBuyer reported that it continues to trim its losses but expects further declines in revenue and homes sold in the third quarter. Continue reading →

RE/MAX revenue, US agent count continue decline in second quarter

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While the brokerage’s overall head count rose modestly to 144,510 agents in the second quarter, its agent count declined in the U.S. by 6.3 percent, to 56,987, according to a Q2 earnings call Wednesday. Continue reading →

WeWork takes bite out of losses as debt overhaul starts to pay off in Q1

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The co-working behemoth posted a net loss of $299 million in the first quarter, a $205 million improvement from a year earlier, according to Q1 earnings data released Tuesday morning. Continue reading →