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home / news releases / CHPT - ChargePoint: Revenue Struggles Continue

CHPT - ChargePoint: Revenue Struggles Continue

ChargePoint Holdings Inc Cl A

2024-06-07 04:12:31 ET

Summary

  • ChargePoint Holdings has struggled in the market, losing over 80% in the past year.
  • CHPT's revenue growth is not progressing as hoped, facing competition from numerous fronts.
  • Q1 results showed a decline in revenues and gross margins, with a net loss of over $71 million. Weak guidance for Q2 was also given.

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For further details see:

ChargePoint: Revenue Struggles Continue
Stock Information
Company Name: ChargePoint Holdings Inc Cl A
Stock Symbol: CHPT
Market: NYSE
Website: investors.chargepoint.com
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