Blink Charging Selected By Jon Henry General Store To Supply EV Charging Solutions At Historic Location In New Market, Virginia
Portfolio Pulse from Benzinga Newsdesk
Blink Charging Co. (NASDAQ:BLNK) will install six Level 2 chargers at Jon Henry's General Store in New Market, Virginia, as part of its commitment to the Mid-Atlantic Electrification Partnership. This move is in line with Blink's mission to reduce greenhouse gas emissions caused by transportation. The company recently reported its strongest quarterly earnings in history, with total revenues of nearly $33 million. Blink also raised its 2023 revenue target from $100 – $110 million to $110 – $120 million.
September 27, 2023 | 12:39 pm
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Blink Charging's partnership with Jon Henry's General Store and its strong Q2 2023 earnings report could positively impact its stock. The company's increased revenue target for 2023 also indicates confidence in its growth trajectory.
The news of Blink Charging's partnership with Jon Henry's General Store to install EV chargers is likely to be seen positively by investors, as it indicates the company's ongoing commitment to expanding its charging network. Additionally, the company's strong Q2 2023 earnings and increased revenue target for 2023 could boost investor confidence in its growth prospects, potentially leading to a short-term increase in its stock price.
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