CHPT - ChargePoint Stock Is Selling Off: What's Going On? | Benzinga
ChargePoint Holdings Inc (NYSE: CHPT) shares are trading lower Thursday after the company reported worse-than-expected financial results. Analysts are turning incrementally more negative following the print.
What To Know: Chargepoint said second-quarter revenue increased 39% year-over-year to $150.5 million, which missed the consensus estimate of $153.24 million, according to Benzinga Pro. The company reported a quarterly loss of 35 cents per share, which may not compare to estimates.
Network charging systems revenue climbed 36% in the quarter to $114.6 million. Subscription ...