Bowie, MD, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global owner, operator, provider of electric vehicle (EV) charging equipment and services, today announced that Mike Battaglia, President and CEO, will present at the H.C. Wainwright 27th Annual Global Investment Conference, being held at the Lotte New York Palace Hotel in New York City, at 1:30 pm ET on Tuesday, September 9, 2025. Mr. Battaglia will discuss the significant changes that are taking place at Blink as we ...

Core Insights - The company has made significant progress but acknowledges there is still much work to be done to achieve profitability and meet investor expectations [1]. Group 1 - The CEO expressed that rather than focusing on negative aspects, the primary concern is the balance between the progress made and the remaining challenges [1]. - There is a strong emphasis on the company's journey towards profitability and the management team's commitment to achieving this goal [1].

Blink Charging (BLNK) Fireside Chat Summary Company Overview - **Company**: Blink Charging Co. (BLNK) - **Industry**: Electric Vehicle (EV) Charging Key Accomplishments and Challenges - **Revenue Growth**: Achieved a **38% sequential revenue growth** in Q2 compared to Q1, indicating positive momentum [2] - **Cost Reduction**: Implemented a **22% reduction in compensation expenses** and eliminated **$8 million** in annualized operating expenses [2] - **Liquidity Management**: Emphasized the importance of preserving liquidity and managing cash carefully [3] Management Insights - **Leadership Changes**: New executives, Michael Berkovich and Harmeet Singh, are seen as transformational leaders driving the company forward [16] - **Operational Improvements**: Focus on accounts receivable collections, inventory management, cash optimization, and cross-functional collaboration to enhance operational efficiency [8][9] - **Customer Experience**: Aiming for a frictionless EV charging experience and addressing "charger anxiety" by ensuring high uptime and successful charging sessions [11] Future Opportunities - **Profitability Focus**: The company is committed to achieving profitability and cash flow positivity, with a culture shift towards a profitability mindset [20][22] - **Charging Infrastructure**: Plans to increase the number of Blink-owned charging stations, which have shown aggressive revenue growth [24] - **Utilization Metrics**: Noted increased utilization rates, particularly in the DC fast charging portfolio, with some sites achieving **20%-40% utilization** [27] Technological Advancements - **Zimetric Acquisition**: The acquisition of Zimetric is expected to enhance Blink's product offerings, particularly in fleet charging solutions and software integration [30][33] - **Cryptocurrency Integration**: Blink plans to integrate cryptocurrency payment options by the end of 2025, aiming to streamline payment operations [14] Market Positioning - **Flexibility in Offerings**: Blink operates both as a seller of charging stations and as an owner-operator, with a strategic focus on the latter for future growth [24] - **European Market Growth**: Observed strong growth in EV adoption in Europe, leading to increased utilization of Blink's charging stations [41] Conclusion and Investor Communication - **Transparency Commitment**: The management emphasizes the importance of transparency with investors and aims to keep communication lines open [48] - **Future Goals**: The company is focused on continuous improvement, operational discipline, and building a resilient organization for sustainable growth [46]

JUST IN: Blink Charging to accept Bitcoin and crypto payments at EV chargers. ⚡️ https://t.co/iEvoYW7tTh ...

EV drivers will be able to seamlessly pay with cryptocurrency at Blink chargers before the end of this year Bowie, Md., Sept. 04, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced its innovative move to integrate cryptocurrency payment options across the Blink Network by the end of 2025. This forward-looking direction positions Blink at the intersecti ...

Core Insights - Blink Charging Co. is hosting a live fireside chat on September 4, 2025, featuring its President and CEO, CFO, and CTO, focusing on leadership, business strategy, and technology innovation [1][2] Company Overview - Blink Charging Co. is a global leader in electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [4] - The company's main offerings include the Blink Network, EV charging equipment, and services, utilizing proprietary cloud-based software for operation and maintenance [4] - Blink has established strategic partnerships for EV charging adoption across various locations, including parking facilities, residential areas, workplaces, healthcare facilities, and more [4] Event Details - The interactive session will allow investors, partners, and stakeholders to engage directly with Blink's executive team [2] - The event is scheduled for September 4, 2025, at 12:30 PM PDT / 3:30 PM EDT, and will be accessible via a live virtual format [6]

London, UK, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator and provider of electric vehicle (EV) charging equipment and services, has announced that its wholly owned subsidiary, Blink Charging UK Ltd., will collaborate with Flowbird Smart City UK to provide exclusive EV charging solutions for NHS (National Health Service) Property Services throughout the UK (“NHSPS”). NHSPS provides strategic services to help NHS estates deli ...

Core Insights - Blink Charging Co. has partnered with Nexxtlab to provide energy management tools aimed at facilitating the energy transition for businesses using electric vehicle (EV) fleets in Europe [1][3]. Company Overview - Blink Charging is a leading global provider of EV charging equipment and services, focusing on innovative solutions to support the transition to electric transportation [6]. - Nexxtlab specializes in energy management and digital transformation within the energy sector, known for its Smartmaster platform that integrates various energy assets [5]. Product and Technology - Nexxtlab's Smartmaster platform integrates Blink's EV charging locations across multiple European countries, creating a seamless ecosystem for energy management [2]. - The Smartmaster system is scalable and designed to reduce operating costs, enhance performance, and support energy independence by managing peak demand and eliminating demand charges [2][4]. - The platform optimizes charging based on local renewable energy forecasts, aligning charging times with periods of high renewable energy generation [3]. Strategic Goals - The collaboration aims to redefine EV infrastructure and support businesses in the energy transition, providing a fully integrated approach to energy and charging [3][4]. - Both companies are focused on creating a flexible and smart charging ecosystem that benefits businesses and EV drivers, enhancing resilience and accessibility in energy management [4].

Core Insights - Blink Charging Co. and Presto have announced a collaboration to enhance EV charging infrastructure for fleet and rideshare drivers, allowing easier access to Blink's fast-charging network through the Presto app [1][2][3] - The integration aims to provide a seamless charging experience by enabling fleet operators to locate, charge, and pay at Blink's charging stations efficiently [2][4] - This partnership is expected to increase fleet engagement and charging sessions, benefiting both Blink and Presto by optimizing demand from various fleet market segments [3][4] Company Overview - Blink Charging Co. is a leading provider of electric vehicle charging equipment and services, operating a proprietary network that tracks and maintains EV charging stations [6][7] - Presto is an EV charging platform that facilitates seamless charging experiences for fleets and mobility providers, offering a user-friendly app and APIs for easy integration [4][6]

Company Performance - Blink Charging reported a quarterly loss of $0.26 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.17, representing an earnings surprise of -52.94% [1] - The company posted revenues of $28.67 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 24.50%, but down from $33.26 million in the same quarter a year ago [2] - Over the last four quarters, Blink Charging has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Movement and Outlook - Blink Charging shares have lost approximately 32.4% since the beginning of the year, while the S&P 500 has gained 9.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is -$0.15 on revenues of $26.59 million, and for the current fiscal year, it is -$0.64 on revenues of $102.63 million [7] Industry Context - The Electronics - Miscellaneous Services industry, to which Blink Charging belongs, is currently in the top 1% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Blink Charging's stock performance [5][6]