secwatch.observer — SEC 8-K summary
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Issuer:     Blink Charging Co. (BLNK)
CIK:        0001429764
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001493152-23-040204
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blink Q3 revenue $43.4M (+152% YoY); raises 2023 guidance to $128-$133M
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- Total revenue $43.4M (+152%); gross profit $12.8M (29.5% margin) compared to $4.8M (27.7%) a year ago.
- Net loss $112.7M ($1.74/share) includes $94.2M non-cash goodwill impairment; adjusted EBITDA loss improved to $11.7M.
- Product sales $35.1M (+162%); service revenues $6.7M (+119%).
- 2023 revenue target raised to $128-$133M from $110-$120M; targets positive adjusted EBITDA run rate by Dec 2024.
- 5,956 charging stations contracted, deployed or sold in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1429764/000149315223040204/0001493152-23-040204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1429764/000149315223040204/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-040204

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer