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Blink Charging’s Q2 Earnings Reveal Key Insights

Blink Charging reports stable Q2 growth, strategic wins, and future targets amid EV market shifts.

by Mark Eisenberg
Thu, Aug 8, 2024 11:18pm
in Finance
• 3 mins read
14.8k
Blink Charging's Q2 Earnings Reveal Key Insights | FinOracle

Photo: Finoracle.net

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Q2 2024 Financial Performance

Blink Charging has reported its Q2 2024 earnings, showcasing revenue of $33.3 million, which is a modest increase of 1.5% year-over-year. This growth highlights the company's ability to maintain momentum in a competitive market. Notably, service revenue grew by 15%, now making up 20% of the total revenue, indicating a strategic shift towards more sustainable revenue streams.

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