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Power Design Teams Up with Blink Charging to Provide 429 Blink Charging Stations Across Multiple Projects
GlobeNewswire News Room· 2024-12-05 14:00
Agreement to Include Charging Capacity for 723 Vehicles Bowie, Md., Dec. 05, 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 it has been selected by Power Design, Inc., one of the nation's largest design-build multi-trade contractors, to provide EV chargers and charging services at select locations. The new agreement includes the provisi ...
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
Company Performance - Blink Charging reported a quarterly loss of $0.16 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.17, and the same as the loss reported a year ago [1] - The company posted revenues of $25.19 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 27.95%, and down from $43.38 million year-over-year [2] - Over the last four quarters, Blink Charging has surpassed consensus EPS estimates three times, but has only topped consensus revenue estimates once [2] Stock Outlook - Blink Charging shares have declined approximately 43.7% since the beginning of the year, contrasting with the S&P 500's gain of 24.3% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.16 on revenues of $39.42 million, and for the current fiscal year, it is -$0.71 on revenues of $145.22 million [7] - The estimate revisions trend for Blink Charging is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Electronics - Miscellaneous Services industry, to which Blink Charging belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a relatively strong industry performance [8]
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 ...