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Wednesday, June 5, 2024

===ChargePoint (CHPT) reported earnings on Wed 6 June 24 (a/h)

 

 ChargePoint beats by $0.02, beats on revs; guides Q2 revs below consensus 
  • Reports Q1 (Apr) loss of ($0.17) per share, $0.02 better than the FactSet Consensus of ($0.19); revenues fell 17.7% year/year to $107.04 mln vs the $105.84 mln FactSet Consensus.
  • Co issues downside guidance for Q2 (Jul), sees Q2 revs of $108-118 mln vs. $121.53 mln FactSet Consensus.
  • For the fourth quarter of fiscal year 2025 ending January 31, 2025, the Company reaffirms its goal to achieve positive non-GAAP Adjusted EBITDA.

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