Blink Charging Stock Sinks After Mixed Q2 Earnings Report
1. BLNK reported a quarterly loss of 26 cents per share. 2. Quarterly revenue surged to $28.66 million, exceeding estimates. 3. Service revenues grew 46% year-over-year to $11.8 million. 4. The company cut compensation expenses by 22% and improved efficiency. 5. BLNK expects continued sequential revenue growth in the second half of 2025.