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Blink Charging Co (BLNK)
NASDAQ:BLNK
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.15Last Year’s EPS
-0.2Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 12, 2025
|% Change Since: -16.28%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with significant growth in charging service revenue and international market expansion, particularly in Europe, as key highlights. However, these were offset by a sharp decline in product sales and overall revenue, increased losses, and a decrease in cash position. The company is actively working on addressing market gaps and reducing operating expenses, but challenges remain in achieving profitability.Company Guidance
During Blink Charging's first quarter 2025 earnings call, the company reported a 35% year-over-year increase in charging service revenue, reaching a new record high, while product sales decreased sharply to $8.4 million. Despite a challenging operating environment, operating expenses were reduced by 8% to $28.5 million, marking the lowest level in nearly three years. The Blink Networks delivered approximately 50 gigawatt hours of electricity, a 66% year-over-year increase. The company closed the quarter with 7,091 company-owned chargers, a 22% increase from the previous year, and announced an agreement to provide up to 50 DC fast chargers to Alameda, California. Internationally, Blink's service revenue grew, with significant EV sales increases in Europe and a new 15-year contract in the UK valued at over 500,000 British pounds. Despite a gross profit decrease to $7.4 million, Blink remains focused on reducing cash burn and operating expenses, aiming for profitability through strategic revenue growth and disciplined expense management.Record Charging Service Revenue
Charging service revenue increased 35% year-over-year, setting a new record high, driven by higher utilization of deployed infrastructure.
European Market Growth
Charging revenue in Europe grew by 22%, with significant gains in Germany, Belgium, and the Netherlands.
Operating Expense Reduction
Operating expenses were reduced by 8% to $28.5 million, the lowest in nearly three years.
Increase in Owned Chargers
The company closed the quarter with 7,091 company-owned chargers, a 22% increase year-over-year.
DC Fast Charging Expansion
DC fast charging revenues in the U.S. increased over three times compared to the first quarter of last year.
International Contract Win
Blink U.K. was named as a preferred bidder by Brighton and Hove City Council for a 15-year contract valued over 500,000 British pounds.
BLNK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BLNK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2025 | $0.86 | $0.78 | -9.30% |
Mar 13, 2025 | $0.90 | $0.95 | +5.56% |
Nov 07, 2024 | $2.01 | $1.67 | -16.92% |
Aug 07, 2024 | $2.52 | $2.13 | -15.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Blink Charging Co (BLNK) report earnings?
Blink Charging Co (BLNK) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Blink Charging Co (BLNK) earnings time?
Blink Charging Co (BLNK) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BLNK EPS forecast?
BLNK EPS forecast for the fiscal quarter 2025 (Q2) is -0.15.
