STOCK TITAN

Blink Charging Co. - $BLNK STOCK NEWS

Welcome to our dedicated page for Blink Charging Co. news (Ticker: $BLNK), a resource for investors and traders seeking the latest updates and insights on Blink Charging Co. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blink Charging Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blink Charging Co.'s position in the market.

Rhea-AI Summary

Blink Charging Co. (BLNK) has launched a new preventative maintenance program called Blink Care, aimed at reducing charger downtime and improving the charging experience for electric vehicle (EV) owners. This optional program provides regular maintenance visits, detailed reports, and performance optimization for both Level 2 and DC fast chargers. The initiative reflects Blink's commitment to customer satisfaction and operational efficiency, addressing the evolving needs of EV drivers and station owners.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Blink Charging Co. has been selected as the official EV charger and network services provider for the state of New York. The agreement includes providing charging infrastructure for state and municipal fleets, public charging solutions, advanced charging stations, and various related services. This partnership aims to support a more sustainable future and promote the electrification of transportation in New York.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.15%
Tags
none
-
Rhea-AI Summary
Blink Charging Co. will host its first quarter 2024 conference call on May 9, 2024, to discuss its results for the quarter ended March 31, 2024. Investors can access the live webcast on the Blink Charging website or participate in the call by phone. A replay of the teleconference will be available until June 8, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
Tags
conferences earnings
Rhea-AI Summary
Blink Charging UK partners with Evri to install EV charging hub at Rugby sorting center. Evri aims for net-zero emissions by 2035, selects Blink for reliable EV equipment. Charging site will accommodate hundreds of staff and fleet vehicles, operating 24/7. Blink provides smart charging solution up to 22kW, compliant with industry standards. Evri plans to electrify fleet with 167 electric vans and e-cargo bikes. Blink Charging UK to expand services in UK and Ireland.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
-
Rhea-AI Summary
Blink Charging Co. (BLNK) secures exclusive EV charging services contract with Keystone Purchasing Network, expanding its presence in the education sector. The contract, effective from March 1, 2024, allows Blink to provide charging solutions to schools and public agencies, potentially increasing its installed charging stations from 2,000. The partnership aims to support the growing demand for EVs and offer reliable charging services to educational institutions nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
Tags
none
-
Rhea-AI Summary
Blink Charging Co. promotes Jenifer Yokley to Chief Marketing Officer, signaling a new era of innovation and leadership. Yokley's extensive experience and strategic vision are expected to drive the company's global marketing efforts and propel Blink to new heights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.44%
Tags
none
Rhea-AI Summary
Blink Charging Co. (BLNK) reports a remarkable 130% increase in full-year 2023 revenues to $140.6 million, with a 112% increase in 4Q23 product revenues and a 40% increase in service revenues. The company achieved a record gross profit of $40.2 million for 2023 and strengthened its balance sheet by raising $113 million in gross proceeds. Blink also saw significant growth in charging station deployments, with 5,100 stations in 4Q23 and 23,347 stations in full-year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.87%
Tags
none
-
Rhea-AI Summary
Blink Charging Co. (BLNK) establishes global headquarters in Maryland and plans to increase manufacturing capacity with a new LEED Gold-certified facility. The company aims to meet the rising global demand for EV charging infrastructure, emphasizing sustainability and innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
none
-
Rhea-AI Summary
Blink Charging Co. (BLNK) anticipates exceeding revenue targets for Q4 2023 and full-year 2023, with Q4 revenue expected to surpass $42 million and full-year revenue to surpass $140 million. The company aims to achieve a positive Adjusted EBITDA run rate by December 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.68%
Tags
conferences
Rhea-AI Summary
Blink Charging Co. (BLNK) announces a record-breaking fourth-quarter 2023 revenue exceeding $42 million and a full-year 2023 revenue surpassing $140 million. The company aims for positive Adjusted EBITDA by December 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
32.09%
Tags
none
Blink Charging Co.

Nasdaq:BLNK

BLNK Rankings

BLNK Stock Data

294.89M
93.94M
11.32%
30.69%
22%
New Car Dealers
Retail Trade
Link
United States of America
MIAMI BEACH

About BLNK

blink charging (nasdaq:blnk,blnkw) is a leader in nationwide public electric vehicle (ev) charging equipment and software, enabling ev drivers to easily recharge at locations throughout the united states. headquartered in florida with offices in arizona and california, blink charging’s business is designed to accelerate the adoption of public ev charging. blink charging offers ev charging equipment and connectivity to the blink network, a cloud-based software that operates, manages, and tracks the blink ev charging stations and all the associated data. blink charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools, and workplaces.