Overview

* Blink Q2 2025 revenue grows 38% sequentially, beating analyst expectations

* Adjusted EPS for Q2 misses estimates, reflecting non-cash charges impact

Outlook

* Blink expects continued sequential revenue growth in H2 2025

* Company anticipates growth in repeatable charging revenue due to rising energy prices

Result Drivers

* PRODUCT DEMAND - Sequential product revenue growth of 73% driven by demand for DC fast chargers and L2 Series chargers

* SERVICE UTILIZATION - Service revenues increased 11% sequentially due to greater utilization and more chargers on the network

* COST REDUCTION - Reduced compensation expenses by 22% year-over-year, eliminating $8 mln in annualized expenses

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $28.70 $22.10

Revenue mln mln (4

Analysts

)

Q2 Miss -$0.26 -$0.18

Adjusted (4

EPS Analysts

)

Q2 EPS -$0.31

Q2 Net -$32 mln

Income

Q2 Miss -$24.50 -$10.80

Adjusted mln mln (4

EBITDA Analysts

)

Q2 Gross $2.10

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the electric utilities peer group is "buy"

* Wall Street's median 12-month price target for Blink Charging Co ( BLNK ) is $2.50, about 62.4% above its August 15 closing price of $0.94

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)