Blink Charging: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 10:15 AM ET
Last Updated - Aug 08, 2024, 10:15 AM EDT
BOWIE, Md. (AP) — BOWIE, Md. (AP) — Blink Charging Co. (BLNK) on Wednesday reported a loss of $20.1 million in its second quarter.
On a per-share basis, the Bowie, Maryland-based company said it had a loss of 20 cents. Losses, adjusted for non-recurring costs, were 18 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The company posted revenue of $33.3 million in the period, which also missed Street forecasts. Five analysts surveyed by Zacks expected $39.3 million.
