BOWIE, Md. (AP) — BOWIE, Md. (AP) — Blink Charging Co. (BLNK) on Monday reported a loss of $11.6 million in its first quarter.
On a per-share basis, the Bowie, Maryland-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring costs, were 6 cents per share.
The company posted revenue of $20.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $21.4 million.
In the final minutes of trading on Monday, the company’s shares hit 96 cents. A year ago, they were trading at 84 cents.
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