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Blink Charging Co. announced a record fourth quarter with an 89% revenue growth to $42.7 million and a 130% increase in full-year 2023 revenues to $140.6 million. The company also reported quarterly losses of 28 cents per share, which beat the analyst consensus estimate of losses of 31 cents by 9.68%, with quarterly sales coming in at $42.71 million. Despite these strong earnings, a 30% short interest, and a positive outlook for FY24, Blink Charging's stock was down 5.9% in pre-market trading.
#CATL posted a net income attributable to shareholders of 44.121 billion yuan in 2023, a year-on-year increase of 43.58%. In 2023, it achieved an operating income of 400.9 billion yuan, a year-on-year increase of 22.01%. #China #EV #battery
$BLNK (-5.9% pre) Compared to Estimates, Blink Charging (BLNK) Q4 Earnings: A Look at Key Metrics https://t.co/BnL0EzYrER
$BLNK | Blink Charging Q4 Earnings: Revenue and EPS Beat, Strong FY24 Outlook and More Blink reports quarterly losses of 28 cents per share which beat the analyst consensus estimate of losses of 31 cents by 9.68%. Quarterly sales come in at $42.71 million, beating the analyst… https://t.co/pvm6wxdESF
