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CarCharging Announces Positive 2015 Annual Results – Yahoo Finance

MIAMI BEACH, FL–(Marketwired – Aug 1, 2016) – Car Charging Group, Inc. (OTCQB: CCGI) (“CarCharging”) the largest owner, operator, and provider of electric vehicle (EV) charging services and the Blink Network, announced its financial results for the fiscal year ended December 31, 2015.

2015 Highlights*Include:

Revenues for fiscal year 2015 and 2014, were $3.96M and $2.79M, respectively, representing year-over-year growth of 42% for fiscal year 2015

Net Loss decreased by $14.98M, or 65%, from $23.23M for the year ended December 31, 2014 to $8.23M for the year ended December 31, 2015 due to a reduction in operating expenses and an increase in gross profits and other income


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