Blink Charging Q1 Loss Beats, Revenue Miss

Blink Charging posted Q1 adjusted loss of $0.06 per share, beating the estimate of $0.12.
Revenue fell to $20.8 million, missing consensus $36.6 million, though up 0.3% YoY.
Service revenue grew 25% YoY to $13.3 million, now 64.2% of total revenue.
Net loss narrowed 45% YoY to $11.6 million; operating expenses fell 35% YoY to $18.4 million; operating cash generated $0.7 million.