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Blink(BLNK) - 2024 Q3 - Quarterly Report
2024-11-12 21:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File No. 001-38392 BLINK CHARGING CO. (Exact name of registrant as specified in its charter) | --- | --- | --- | |--------- ...
Compared to Estimates, Blink Charging (BLNK) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-08 02:30
Blink Charging (BLNK) reported $25.19 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 41.9%. EPS of -$0.16 for the same period compares to -$0.16 a year ago.The reported revenue represents a surprise of -27.95% over the Zacks Consensus Estimate of $34.96 million. With the consensus EPS estimate being -$0.17, the EPS surprise was +5.88%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...
Blink Charging (BLNK) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2024-11-08 02:05
Blink Charging (BLNK) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.88%. A quarter ago, it was expected that this company would post a loss of $0.14 per share when it actually produced a loss of $0.18, delivering a surprise of -28.57%.Over the last four quarters, the company has surpassed ...
Blink(BLNK) - 2024 Q3 - Earnings Call Transcript
2024-11-08 01:22
Blink Charging Co. (NASDAQ:BLNK) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Vitalie Stelea - Vice President of Investor Relations Brendan Jones - President & Chief Executive Officer Michael Battaglia - Chief Operating Officer Michael Rama - Chief Financial Officer Conference Call Participants Craig Irwin - Roth Capital Partners Sameer Joshi - H.C. Wainwright Jawad Bhuiyan - Stifel Noel Parks - Tuohy Brothers Operator Greetings, welcome to the Blink Charging Third Quart ...
Blink(BLNK) - 2024 Q3 - Quarterly Results
2024-11-07 21:15
Exhibit 99.1 1 BLINK CHARGING ANNOUNCES THIRD QUARTER 2024 RESULTS ● Third quarter 2024 total revenues of $25.2 million; Year-to-date 2024 total revenues of $96.0 million ● Third quarter 2024 product revenues of $13.4 million; Year-to-date 2024 product revenues of $64.5 million ● 30% increase in service revenues to $8.8 million in third quarter of 2024 compared to $6.7 million in third quarter 2023; 35% increase in year-to-date 2024 service revenues to $25.0 million ● Service revenue contributed 35% of tota ...
Blink to establish a £100 million Special Purpose Vehicle to Drive Electric Vehicle Charger Investments, Engaging Axxeltrova Capital as First Funding Partner
GlobeNewswire News Room· 2024-11-05 14:00
Blink Charging is launching a £100 million Special Purpose Vehicle (SPV) aimed at enhancing electric vehicle charging infrastructure. In collaboration with Axxeltrova Capital (“Axxeltrova”), this initiative will enable Blink to deploy significant assets while inviting investors to support growth and innovation in charging deployments. Bowie, Md., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of ele ...
Blink Charging Awarded $2 Million Grant to Provide EV Chargers for State of Illinois
GlobeNewswire News Room· 2024-10-30 13:00
Efficient and expanded deployment of infrastructure will support a more sustainable future for the state. Bowie, Md., Oct. 30, 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 been awarded a nearly $2 million grant to own and operate EV chargers for the state of Illinois. The grant, awarded by the Illinois Environmental Protection A ...
Blink Charging to Host Third Quarter 2024 Conference Call on Thursday, November 7, 2024
GlobeNewswire News Room· 2024-10-25 13:00
Bowie, MD, Oct. 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 third quarter results on Thursday, November 7, 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 third quarter ended September 30, 2024. T ...
Blink Charging Deploys Advanced AI Modeling with Stable Auto to Increase Site Utilization and Efficiency
GlobeNewswire News Room· 2024-10-15 13:15
Blink's enhanced "Right Charger, Right Place, Right Time" strategy now aligns with "Right Price." Blink will use Stable Auto's AI powered platform to improve the performance and attractiveness of its network . This innovative collaboration helps ensure that Blink and its customers' chargers will thrive by improving access and providing fair and appropriate pricing tailored to regional energy costs and driver demand. Bowie, Md., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) ("Blink" or ...
Blink Charging: Correction Provides A Good Entry Opportunity
Seeking Alpha· 2024-10-15 05:50
I am initiating coverage on Blink Charging (NASDAQ: BLNK ) stock with a " Buy " rating and an investment horizon of 24 months. I believe that Blink stock is attractively valued after the recent correction, and Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than fro ...