Blink Charging Co. (NASDAQ: BLNK) shares are trading higher Friday after the company reported better-than-expected third-quarter financial results on Thursday.
The Details:
Blink Charging reported quarterly losses of 16 cents per share, beating the analyst consensus estimate of losses of 41 cents by 66% and quarterly revenue of $43.337 million, beating the consensus estimate of $30.388 million by 42.74% and representing a 152% increase year-over-year.
Blink Charging also raised its full year 2023 revenue target to between $128 million and $133 million compared to the $116.63 million ...