Blink Charging Co. (NASDAQ:BLNK) Q1 2024 Earnings Call Transcript May 9, 2024 4:30 PM ET Company Participants Vitalie Stelea - VP of IR Brendan Jones - President and CEO Michael Rama - CFO Michael Battaglia - COO Conference Call Participants Chris Pierce - Needham & Company Craig Irwin - ROTH MKM Stephen Gengaro - Stifel Sameer Joshi - H.C. Wainwright Noel Parks - Tuohy Brothers Operator Good afternoon everyone and welcome to the Blink Charging Company's First Quarter 2024 Earnings Call. At this time, all p ...

blik Safe Harbor Statement This presentation contains statements that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, that are based on management's current expectations and assumptions and are subject to risks and uncertainties. Such statements include, but are not limited to, statements about (i) delays in product development and deployment, (ii) market accep ...

blink Three Months Ended (1) Service Revenues consist of charging service revenues, network fees, and car-sharing service revenues. (2) Other Revenues consist of warranty fees, grants and rebates, and other revenues. Revenues Other Revenues, which are comprised of warranty fees, grants and rebates, and other revenues, increased 264% to $1.9 million in the first quarter of 2024, an increase of $1.4 million from the first quarter of 2023. Net Loss and Loss Per Share ● First quarter 2024 total revenues increas ...

 ●First quarter 2024 total revenues increased 73% to $37.6 million compared to $21.7 million in first quarter of 2023 ●68% increase in product revenues to $27.5 million in first quarter of 2024 compared to $16.4 million in first quarter of 2023 ●72% increase in service revenues to $8.2 million in first quarter of 2024 compared to $4.8 million in first quarter 2023 ●195% increase in gross profit to $13.4 million in first quarter of 2024 compared to $4.5 million in first quarter of 2023 ●36% gross margin in f ...

Blink Charging (NASDAQ:BLNK) will disclose its quarterly results after market close today, setting up a high-risk wager. Presently, the EV sector is suffering from a significant demand drop. At the same time, it requires public charging solutions. Therefore, it’s possible that BLNK stock could shoot higher, offering a viable (albeit extremely speculative) opportunity.To be sure, the EV sector itself is a treacherous one. Most notably, industry stalwart Tesla (NASDAQ:TSLA) finds itself down almost 30% on a y ...

Blink Care is an optional maintenance program designed to reduce charger downtime and provide a more seamless charging experience. Bowie, Md., May 08, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the launch of Blink Care, a new, optional preventative maintenance program aimed at maximizing customer satisfaction and ensuring charger rel ...

Blink to provide expanded charging infrastructure and support a more sustainable future for the state. Bowie, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, has announced it has secured a contract as an official EV charging provider for the state of New York. The agreement sets the stage for Blink Charging and New York to electrify state an ...

Bowie, Md., April 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ:BLNK) ("Blink" or the "Company"), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, will announce its first quarter results on Thursday, May 9, 2024, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company's results for the first quarter ended March 31, 2024. To access ...

Bowie, Md., April 25, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, will announce its first quarter results on Thursday, May 9, 2024, following the close of the financial markets. The Company will host a conference call and webcast that day at 4:30 p.m. Eastern Time to discuss the Company’s results for the first quarter ended March 31, 2024. To acces ...

In first steps, Blink Charging UK will provide twelve chargers at high volume sorting center in Rugby, UK London, UK, April 24, 2024 (GLOBE NEWSWIRE) -- Blink Charging UK, a subsidiary of leading global EV charging provider, Blink Charging Co., has collaborated with Evri, the UK's biggest dedicated parcel delivery company, to install one of Evri's first EV charging hubs at its sorting center in Rugby, UK. The charging site is the first step in a larger program which will see new EV chargers installed at Evr ...