BLNK - Blink Charging Q4 Earnings: Revenue and EPS Beat Strong FY24 Outlook and More | Benzinga
Blink Charging Co. (NASDAQ:BLNK) reported its fourth-quarter financial results after the bell Thursday. Here's a look at the highlights.
Blink reported quarterly losses of 28 cents per share, which beat the analyst consensus estimate of losses of 31 cents and represented a 31.71% increase year-over-year.
The company clocked fourth-quarter sales of $42.71 million, beating the analyst consensus estimate of $35.64 million by 19.84% and representing an 88.94% increase over sales of $22.61 million from the same period last year.
Product sales increased 112% to $33.4 million in the fourth quarter, primarily driven by strong demand for Blink's charging equipment and services.
Blink reported service revenues increased 40% to ...