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BLINK CHARGING ANNOUNCES SECOND QUARTER 2025 RESULTS
BlinkBlink(US:BLNK) GlobeNewswire News Room·2025-08-19 04:02

Second quarter 2025 total revenues grew 38% sequentially to 28.7millioncomparedtothefirstquarterof2025Secondquarter2025servicerevenuesgrew4628.7 million compared to the first quarter of 2025Second quarter 2025 service revenues grew 46% year-over-year to 11.8 millionCompany incurred approximately 16.5millioninlargelyonetime,noncashchargesinthequarterReducedcompensationexpensesby2216.5 million in largely one-time, non-cash charges in the quarterReduced compensation expenses by 22% year-over-year; eliminated 8 million in annualized expenses through efficienciesSubsequent to quarter end, Blink acquired Zemetric, Inc., a charging infrastructure company with tailored sol ...