Blink Charging Wins Sourcewell Contract to Supply EV Chargers Nationwide

Blink Charging Co. (BLNK) has been awarded a contract through Sourcewell to supply EV charging equipment and services to public sector entities across the US. The agreement covers various offerings, including Level 2 and DC fast charging hardware, site assessments, installation, maintenance, and repairs. The contract is effective immediately and will run through September 18, 2029. BLNK reported a non-GAAP adjusted EPS loss of $0.10 in Q3, beating analyst estimates, but total revenues climbed 7.3% YoY to $27 million. Management guided for continued sequential revenue growth through the second half of 2025 and into Q4.