Shares of the company - supplier of charging stations for electric vehicles Blink Charging Co. (NASDAQ: BLNK) has risen in price thanks to the news of another contract. Growth of BLNK shares over the past 12 months rose to $ 51.51 at the last auction. Despite this significant momentum, Wall Street expects to see continued gains. Blink announced this week that it has signed a contract with the municipality of San Antonio, Texas (USA). Blink has pledged to install 140 conventional charging stations and three DC fast charging stations. The company already operates over 23,000 charging stations and actively participates in tenders for the creation of charging infrastructure in the United States. The number of electric vehicles in the world is growing rapidly, and it will be a matter of time before the abandonment of gasoline and diesel cars. Accordingly, Blink is seen as one of the beneficiaries of the transport electrification trend.
Over the past 12 months, stock of audio electronics maker Sonos Inc. (NASDAQ: SONO) are up nearly 100%. This growth is driven by the high popularity of the company's speakers and their increased sales. Sonos premium sound speakers are rated by many consumers to offer better sound quality than competing products from the likes of Amazon.com, Apple and Google. Thanks to the high quality, the company's speaker sales grew by 3% in 2020. One of Sonos' bestsellers currently is the Sonos Move speaker. It provides high quality audio and allows you to use Wi-Fi and Bluetooth indoors and outdoors. Last auction, the SONO share was worth $ 31.36.
Shares of computer peripheral maker Plantronics Inc. (NYSE: PLT) gained positive momentum on strong quarterly results and outlook. Last trading, PLT was $ 42.45. In the last quarter ended December 26, 2020, Plantronics' revenue rose 50% to $ 488 million. Adjusted profit rose to $ 1.47 from $ 0.3 a year earlier. The numbers exceeded Wall Street expectations, which led to the growth of quotations. Plantronics is a manufacturer of professional headsets for call centers, conferences, and more. Plantronics expects revenues of $ 440– $ 470 million in the current quarter, with earnings in the $ 0.8– $ 1 per share range.
Microelectronics company Amkor Technology, Inc. (NASDAQ: AMKR) releases Q4 2020 Report Amkor's sales are driven by stronger demand for smartphone and automotive electronics. In the last auction, the AMKR share was worth $ 19.38. In the quarter ended December 31, 2020, Amkor's net sales grew 16.3% yoy to $ 1.37 billion. By the end of 2020, sales exceeded $ 5 billion (+ 24.6%), and profit was $ 338 million, or $ 1.4 per share. Free cash flow doubled to $ 221mn and remains positive for the sixth consecutive year.
Specialist in the field of multimedia and gaming Sony Corp. (NYSE: SNE) reported strong fiscal third quarter results. Revenue in major segments of the company beat Wall Street forecasts. Based on the impressive quarterly results, Sony has improved its outlook for the full fiscal year. In the third quarter, Sony's revenue grew 9% year-on-year to $ 25.6 billion (2,695 billion yen). Net income rose 62% to $ 3.5 billion (371.9 billion yen). The main growth drivers were the gaming and music segments. The Sony games segment grew 40% in the last quarter. The music sales segment generated 22% more revenue than the same quarter a year earlier. Last auction, the SNE share was worth $ 110.88.