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Blink Charging Q4 Adjusted Loss Narrows, Revenue Rises; 2024 Sales Outlook Set; Shares Fall After Hours
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Blink Charging Q4 Adjusted Loss Narrows, Revenue Rises; 2024 Sales Outlook Set; Shares Fall After Hours
Mar 14, 2024 2:37 PM

05:17 PM EDT, 03/14/2024 (MT Newswires) -- Blink Charging ( BLNK ) reported a Q4 adjusted loss late Thursday of $0.28 per diluted share, narrowing from the loss of $0.41 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.26.

Revenue in the quarter ended Dec. 31 rose to $42.7 million from $22.6 million a year earlier.

Analysts surveyed by Capital IQ expected $34.1 million.

The company expects 2024 revenue of $165 million to $175 million.

Analysts polled by Capital IQ expect $168.6 million.

The company's shares fell 5.5% in after-hours trading.

Price: 3.24, Change: -0.19, Percent Change: -5.54

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