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Blink Charging Co (NASDAQ:BLNK) reported first-quarter financial results Monday after market close.
Here are the key highlights.
• Blink Charging stock is charging ahead with explosive momentum. Why is BLNK stock surging?
Blink Charging Q1 Financials
Blink Charging reported first-quarter revenue of $20.78 million, up 0.3% year-over-year. The revenue total missed a Street consensus estimate of $21.66 million, according to data from Benzinga Pro.
The company reported revenue as follows:
- Product: $6.19 million, -26.1% year-over-year
- Service: $13.35 million, +25.0% year-over-year
- Other: $1.24 million, -25.4% year-over-year.
The revenue changes come as the company transitions to more of …
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