Beeline Expects Q3 Revenue To Hit Highest Level Since 2021

October 06, 2026 — 08:07 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - Digital mortgage platform Beeline Holdings, Inc. (BLNE), announced on Tuesday that it expects third-quarter 2026 revenue to be the highest since 2021 and the second-highest in company history based on preliminary results.

Beeline said its third-quarter net loss will narrow compared with the prior quarter, while adjusted EBITDA loss is expected to improve to the lowest level in five years. Ending cash is forecast to rise more than 50% versus the second quarter.

The company attributed the performance to its April shift toward Non-QM lending, including DSCR and bank statement loans, and announced the pending launch of a Home Equity Investment product to broaden its home-finance offerings beyond traditional mortgage cycles.

In pre-market activity on the Nasdaq, shares of Beeline were up 0.26 percent, changing hands at $0.7860, after closing Monday's regular session 9.20 percent lower.

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Beeline Expects Q3 Revenue To Hit Highest Level Since 2021

Tags

Latest Articles