NASDAQ$BLNK
Blink Charging Co · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Blink Charging's financial performance improved with record revenues in product sales and service revenues.
Blink Charging Co. announced strong third-quarter results, with total revenues reaching $6.4 million, a 607% increase compared to the prior year period. The company experienced growth in product sales and service revenues, driven by increased charger utilization and expansion of the Blink network. However, the net loss for the quarter was $15.3 million, or $0.36 per share, compared to a net loss of $3.9 million, or $0.12 per share in the third quarter of 2020.
- Total revenues for the third quarter of 2021 were $6.4 million, a 607% increase compared to the prior year period.
- Product sales were $4.8 million, up 766% from the same period a year ago, driven by increased sales of commercial chargers, DC fast chargers, and residential chargers.
- Service revenues were $1.4 million, up 425% from the third quarter last year, driven by greater utilization of chargers and an increased number of chargers on the Blink network.
- Net loss for the third quarter of 2021 was $15.3 million, or $0.36 per share, compared to a net loss of $3.9 million, or $0.12 per share in the third quarter of 2020.
Headline financials
Revenue & EPS history
Blink Charging · Revenue · Quarterly
$6.4M
Revenue by segment
Blink Charging · $6.4M total across 3 segments · Q3 2021
- Product Sales$4.8M—75.0%
- Service Revenues$1.4M—21.9%
- Other Revenues$200K—3.1%
Forward guidance
Blink Charging anticipates winning many more future grant awards, coupled with a robust pipeline of opportunities ahead, they look forward to finishing the year strong and carrying this momentum into 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
-0.6%
Avg return
Earnings day
-1.0%
Avg return
5 days after
+12.9%
Avg return
30 days after
41%
26 / 64 earnings
Positive
+40.0%
Q2 2011
Best reaction
-25.4%
Q4 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +12.1% | -2.3% | — | |
| Q4 2025 | +6.4% | -6.6% | +29.2% | |
| Q3 2025 | +6.1% | +4.6% | -20.5% | |
| Q1 2025 | -10.1% | -13.6% | +6.5% | |
| Q4 2024 | +6.0% | +14.4% | -17.0% | |
| Q3 2024 | -12.6% | -6.8% | -17.3% | |
| Q2 2024 | -20.8% | -29.0% | -41.6% | |
| Q1 2024 | -2.8% | +13.1% | +5.5% | |
| Q4 2023 | -11.8% | -21.8% | -25.1% | |
| Q3 2023 | +23.3% | +63.5% | +16.9% | |
| Q2 2023 | +9.6% | -5.8% | -42.2% | |
| Q1 2023 | -1.1% | -3.5% | -6.5% | |
| Q4 2022 | +0.7% | +2.6% | -9.3% | |
| Q3 2022 | -5.4% | +18.5% | +5.6% | |
| Q2 2022 | -6.9% | +16.2% | -11.7% | |
| Q1 2022 | -9.4% | -4.0% | -2.5% | |
| Q4 2021 | -8.9% | -13.5% | -1.6% | |
| Q3 2021 | +21.9% | +36.0% | -1.4% | |
| Q2 2021 | -7.0% | -13.9% | -16.4% | |
| Q1 2021 | +4.2% | +14.6% | +37.4% | |
| Q4 2020 | +2.1% | +5.4% | +7.1% | |
| Q3 2020 | -5.0% | +38.6% | +166.8% | |
| Q2 2020 | -3.5% | -10.7% | -47.1% | |
| Q1 2020 | -9.2% | -8.7% | +22.3% | |
| Q4 2019 | -6.1% | +4.3% | +2.4% | |
| Q3 2019 | +7.1% | -2.9% | +25.9% | |
| Q2 2019 | -7.1% | -3.5% | -0.7% | |
| Q1 2019 | +2.5% | +0.4% | -5.0% | |
| Q4 2018 | -2.6% | -3.2% | -1.6% | |
| Q3 2018 | +5.6% | +4.7% | -19.7% | |
| Q2 2018 | -2.7% | -7.7% | -17.2% | |
| Q1 2018 | -16.2% | -17.0% | +281.4% | |
| Q4 2017 | -16.2% | -17.0% | +281.4% | |
| Q3 2017 | -1.3% | -8.3% | -23.1% | |
| Q2 2017 | -14.6% | -20.8% | -48.3% | |
| Q1 2017 | -4.2% | +0.0% | -10.5% | |
| Q4 2016 | -2.9% | -5.9% | +11.8% | |
| Q3 2016 | -18.9% | -28.2% | -21.4% | |
| Q2 2016 | -4.1% | -5.9% | -18.4% | |
| Q1 2016 | -9.1% | -20.9% | +43.9% | |
| Q4 2015 | -0.8% | -10.3% | +6.0% | |
| Q3 2015 | +10.0% | +11.8% | +5.0% | |
| Q2 2015 | +7.1% | — | — | |
| Q1 2015 | +13.0% | — | — | |
| Q4 2014 | -6.6% | — | — | |
| Q3 2014 | +0.3% | — | — | |
| Q2 2014 | +29.2% | — | — | |
| Q1 2014 | -2.2% | — | — | |
| Q4 2013 | -3.9% | — | — | |
| Q3 2013 | +16.8% | — | — | |
| Q2 2013 | -17.4% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | +3.3% | — | — | |
| Q3 2012 | +9.1% | — | — | |
| Q2 2012 | +4.3% | — | — | |
| Q1 2012 | -7.1% | — | — | |
| Q4 2011 | -2.4% | — | — | |
| Q3 2010 | +5.6% | — | — | |
| Q3 2011 | +5.6% | — | — | |
| Q2 2011 | +40.0% | — | — | |
| Q1 2011 | +16.0% | — | — | |
| Q4 2010 | -25.4% | — | — | |
| Q2 2010 | -17.4% | — | — | |
| Q1 2010 | +0.0% | — | — |
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