Blink Charging Q4 EPS $(0.28) Beats $(0.31) Estimate, Sales $42.71M Beat $35.64M Estimate
Portfolio Pulse from Happy Mohamed
Blink Charging (NASDAQ:BLNK) reported Q4 earnings with losses per share of $(0.28), surpassing the $(0.31) estimate, and sales of $42.71M, exceeding the $35.64M estimate. This represents a significant improvement over the previous year, with a 31.71% decrease in losses per share and an 88.94% increase in sales.
March 14, 2024 | 8:02 pm
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Blink Charging reported better-than-expected Q4 earnings, with a notable decrease in losses per share and a significant increase in sales compared to last year.
Blink Charging's Q4 earnings report shows a substantial improvement in both losses per share and sales, indicating a strong financial performance. The better-than-expected results, with a 31.71% decrease in losses per share and an 88.94% increase in sales year-over-year, are likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100