Blink Charging (BLNK) Tops Q4 EPS by 1c, Misses on Revenue; Offers Guidance
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Blink Charging (NASDAQ: BLNK) reported Q4 EPS of ($0.15), $0.01 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $30.18 million versus the consensus estimate of $31.76 million.
Based on current visibility, the Company expects service revenue will continue to increase throughout 2025. The Company expects product revenue in the first half of 2025 to be similar to the second half of 2024, with anticipated improvement in the second half of 2025.
Blink remains focused on revenue growth and continuing to reduce operating expenses and cash burn across the Company to drive towards profitability. The Company expects to have improved visibility around its timeline to reach adjusted EBITDA profitability as the year progresses.
For earnings history and earnings-related data on Blink Charging (BLNK) click here.
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