secwatch.observer — SEC 8-K summary
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Issuer:     Blink Charging Co. (BLNK)
CIK:        0001429764
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001493152-24-030548
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blink Q2 revenue up 1.3% to $33.3M; net loss narrows to $20.1M; revenue guidance trimmed
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- Q2 total revenue $33.3M vs $32.8M YoY; product rev $23.6M (-4.1%), service rev $8.0M (+15%).
- Net loss $20.1M ($0.20/shr) vs $41.5M ($0.67) YoY; adjusted EBITDA loss $14.7M vs $13.5M.
- Gross margin 32% vs 37% YoY on shift to third-party products; operating expenses fell 41%.
- FY 2024 revenue target adjusted to $145M–$155M; positive adjusted EBITDA now targeted during 2025.
- Deployed/contracted/sold 4,106 charging stations in Q2; nearly 33 GWh disbursed on networks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1429764/000149315224030548/0001493152-24-030548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1429764/000149315224030548/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030548

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