Blink Charging Q2 Earnings: Strongest Quarter In History, Raises Guidance
Portfolio Pulse from Ryan Gustafson
Blink Charging Co. (NASDAQ:BLNK) reported Q2 earnings with losses of 44 cents per share, beating the analyst consensus estimate. The company also reported quarterly sales of $32.84 million, a 185.93% increase over the same period last year. The company raised its 2023 revenue target to between $110 and $120 million. Shares of BLNK were up 1.94% in the after-hours session.
August 08, 2023 | 8:55 pm
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Blink Charging Co. reported better than expected Q2 earnings and raised its 2023 revenue target, leading to a rise in its stock price.
Blink Charging Co. reported better than expected Q2 earnings and raised its 2023 revenue target. This positive financial performance is likely to increase investor confidence and demand for the stock, leading to a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100