Blink Charging Q3 EPS $(1.74); Says 'increase in the loss per share was primarily attributable to the non-cash goodwill and intangible assets impairment charge of $1.54 per share in the quarter.'
Portfolio Pulse from Benzinga Newsdesk
Blink Charging reported a Q3 loss per share of $1.74, primarily due to a non-cash goodwill and intangible assets impairment charge of $1.54 per share.
November 09, 2023 | 9:06 pm
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Blink Charging's Q3 loss per share was significantly impacted by a non-cash goodwill and intangible assets impairment charge.
The reported loss per share for Q3 is significantly higher than expected, primarily due to a non-cash goodwill and intangible assets impairment charge. This could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100