Apex Trader Funding (ATF) - News
Why Blink Charging Stock Is Sliding Thursday
Blink Charging Co (NASDAQ:BLNK) shares are trading lower Thursday after the company reported worse-than-expected financial results for the second quarter and lowered its guidance.
Q2 Revenue: $33.26 million, versus analyst estimates of $39.15 million
Q2 EPS: Loss of 18 cents, versus estimates for a loss of 15 cents
Product revenue came in at $23.6 million, down from $24.6 million in the prior year's quarter. Service revenue increased 15% year-over-year to $8 million, and other revenue increased 29% year-over-year to $1.6 million.
Blink ended the quarter with $73.9 million in ...