ChargePoint Holdings Fiscal Q1 Loss Narrows, Revenue Rises; Guides Q2 Revenue

MT Newswires Live06-04 04:25

ChargePoint Holdings (CHPT) reported a fiscal Q1 loss late Wednesday of $1.75 per diluted share, narrower than the $2.49 loss reported a year earlier.

Analysts polled by FactSet expected a loss of $1.90.

Revenue in the three months ended April 30 rose to $102 million, up from $97.6 million a year earlier.

Analysts surveyed by FactSet expected $95.6 million.

ChargePoint expects fiscal Q2 revenue of $100 million to $110 million.

Analysts polled by FactSet expect revenue of $102.6 million.

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