Blink Charging Q4 2023 preliminary revenue >$42M, FY2023 >$140M, beating guidance

Blink Charging Co.

2023-FY EPS reported -$3.21 revenue$140,598,000

Preliminary Q4 2023 revenue exceeds $42M, record quarter.
Full-year 2023 revenue tops $140M, above prior guidance of $128-133M.
Reaffirms target of achieving positive Adjusted EBITDA run rate by December 2024.
Company cites strong demand for equipment and services; vertical integration strategy cited.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Blink Charging Co. reported fourth quarter and the year ended December 31, 2023 results: revenue in excess of $42 million. Guidance reaffirmed.

Period: fourth quarter and the year ended December 31, 2023
Revenue: in excess of $42 million
Guidance: reaffirmed
Result: preliminary results

Exact text from the filing

FULL-YEAR 2023 REVENUE IN EXCESS OF $140 MILLION, REITERATES ADJUSTED EBITDA PROFITABILITY TARGET Company announces preliminary fourth-quarter 2023 revenue record in excess of $42 million, as well as a record-breaking full-year 2023 revenue in excess of $140 million. Blink reaffirms its target for achieving positive Adjusted EBITDA run rate by December 2024

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Source: SEC EDGAR

accession 0001493152-24-006335

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