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Makes no sense on strong earnings and outlook as well as analysis coverage many multiple X from these levels.
this will probably go back to the low 2s IMO
Buy the rumor sell the news, I was tempted to buy in due to it being heavily shorted but decided against loading. It will be interesting to see what happens tomorrow.
pretty solid report. Not sure why the initial spike collapsed but today wasn't a good market day and may be their forecasts aren't aggressive enough.
Break even by end of this year seems very achievable given the numbers and their backlog plus new business expected.
$BLNK looking to bounce here, started a position at $3.16
crappy chart honestly longterm
BLNK.....................................https://stockcharts.com/h-sc/ui?s=BLNK&p=W&b=5&g=0&id=p86431144783
Yep almost time to sell again before the next drop to new lows imo
BLNK.............................https://stockcharts.com/h-sc/ui?s=BLNK&p=W&b=5&g=0&id=p86431144783
BLINK CHARGING ANNOUNCES PRELIMINARY FULL-YEAR 2023 REVENUE IN EXCESS OF $140 MILLION, REITERATES ADJUSTED EBITDA PROFITABILITY TARGET
Download as PDFFebruary 14, 2024 7:45am EST
Company announces preliminary fourth-quarter 2023 revenue record in excess of $42 million, as well as a record-breaking full-year 2023 revenue in excess of $140 million. Blink reaffirms its target for achieving positive Adjusted EBITDA run rate by December 2024
Miami Beach, FL., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Blink Charging Co. (Nasdaq: BLNK) (“Blink” or the “Company”), a leading manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced that it anticipates its fourth-quarter 2023 revenue to surpass $42 million. With this achievement, the Company expects full-year 2023 revenue to surpass $140 million, exceeding its previously announced revenue target of $128 - $133 million.
Brendan Jones, President and CEO, said: “We are excited about our record-breaking fourth-quarter and full-year 2023 revenue growth. We saw strong demand for both our equipment and services. This is the result of consistent and systematic steps that we took to strengthen our product portfolio and service offerings, supported by our vertical integration strategy and dedicated customer service team”.
Blink also reaffirms its target of achieving a positive Adjusted EBITDA run rate by December 2024.
“By adopting the ‘right charger, right place, right time’ approach, Blink ensures electric vehicle charging is efficient and readily available, encouraging more people to make the switch to sustainable transportation,” stated Brendan Jones, considering preliminary year-end financial results. The success of Blink’s demonstrated progress reflects on the proven track record in strategically deploying nationwide EV charging infrastructure and ensuring widespread charger availability.
Blink will announce its fourth-quarter 2023 earnings call date, dial-in details, and further information at a later date.
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TSLA charging
COURTESY OF DewmBoom
@dewmboom
$BLNK: Blink Charging Talking Advancement of EV Charging
courtesy of $BLNK <> DewmBoom
@dewmboom
$BLNK is the only vertical EV charging company in the EV charging space. It has an advantage over competitors like $CHPT and $EVGO when it comes to gross margin and operating expenses. Take a look at all three companies gross margin and operating expenses as a percent of revenue, reported in the most recent quarter. BLNK gross margin is at 29%, while the two others significantly lagged behind. BLNK also has the lowest operating expenses as a % of revenue. 👇👇👇👇👇👇👇 BLNK Long & Strong!
2:03 PM · Dec 26, 2023
[-chart]pbs.twimg.com/media/GCTYTeDXUAALxV0?format=png&name=small[/chart]
more great news on new blink charging stations being installed in maryland! This may just go back over 4.00 soon IMO. BLNK
Need to get Mr shorty off our back.
EV sales dropping off will not help us.
Big shortage of chargers still.
Does anyone think that we might go back to $5 soon?
June 3.00 calls maybe? aroubnd .50. what do you think
Mack Trucks’ customers will now have access to Blink’s EV equipment specially designed and optimized for fleets.
Miami Beach, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced it has been selected as a full-service EV infrastructure provider for Mack Trucks through Mack’s Vendor Direct Ship and Turnkey Solutions program.
Mack Trucks selected Blink and its reliable, scalable EV equipment and extensive fleet expertise. As operators look to electrify their fleets, Blink and its advanced EV charging products provide dedicated expertise to help accurately assess particular fleet needs to optimize infrastructure services and provide end-to-end software solutions. Additionally, Blink has commenced deploying workplace chargers at multiple Volvo and Mack facilities nationwide.
“We applaud the efforts of Mack for their forward-thinking in advancing fleet electrification and we are excited to be selected as a charging partner in their Turnkey Solutions program, providing reliable and advanced charging solutions,” said Jim Nemec, Chief Revenue Officer at Blink Charging. “Building a dependable charging infrastructure is vital in keeping electric fleets operational and on the road. We look forward to continuing to work with Mack as they move to bring e-mobility to fleets around the country.”
Mack Trucks' Turnkey Solutions program covers all phases of infrastructure development. Encompassing initial site consultations, acquisition of charging hardware and software, permit procurement, installation processes, liaising with utility companies, and maintenance of the charging equipment. It also helps fleets find incentives and write grant proposals.
“Our charging partnerships and the Turnkey Solutions program as a whole will enable customers to more easily manage the development and installation of infrastructure for the Mack MD Electric and Mack LR Electric vehicles,” said Ryan Saba, Mack energy solutions manager. “The strategic partnerships Mack has in place will aid customers with support, including charger uptime. This is a key differentiator for Mack since charging components continue to be difficult to secure.”
This news follows Blink’s robust third-quarter results, evidencing a notable increase in revenues by 152%, totaling approximately $43.4 million, and a surge in gross profits by 167% to roughly $12.8 million in contrast to Q3 2022. Blink also announced plans to expand operations in the United Kingdom and Ireland by launching its advanced EQ 200 charger, continuing its global expansion initiative.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK), a global leader in electric vehicle (EV) charging equipment, has contracted, sold, or deployed nearly 85,000 charging ports worldwide, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of Blink’s charging locations. Blink’s principal line of products and services includes the Blink EV charging network (“Blink Network”), EV charging equipment, EV charging services, and the products and services of recent acquisitions, including SemaConnect, Blue Corner, BlueLA and Envoy. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to half of passenger cars sold in the US by 2030, Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto
BLINK CHARGING ANNOUNCES RECORD THIRD QUARTER WITH 152% REVENUE GROWTH TO $43.4 MILLION AND 167% INCREASE IN GROSS PROFIT
Download as PDFNovember 09, 2023 4:02pm EST
https://ir.blinkcharging.com/news-events/press-releases/detail/2488/blink-charging-announces-record-third-quarter-with-152
I'm going to buy more stocks while their price is low. I believe BLNK will perform excellently in the long run. Best of luck to all the fellow long-term players!
$BLNK $GOEV $MMMW oversold.
$BLNK and $MMMW has goals of impacting an important industry.
Should pop tomorrow. Great earnings call!!
Nice potential revenue stream like a
Utility.
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407 Lincoln Road
Suite 704
Miami Beach, FL 33139-3024
Miami Beach, Florida, May 25, 2018 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”) a leading owner, operator and provider of electric vehicle (EV) charging services announced today that it has raised over $15 million in proceeds from holders exercising and the Company issuing 3,655,143 common stock purchase warrants, exercised at $4.25 a share. The warrants were issued as part of the units sold in the Company’s public offering which closed on February 16, 2018.
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