ChargePoint Stock Jumps On Raised FY22 Revenue Guidance-To The Moon - Tiger Brokers Online Investing Community - To The Moon

3
1
Favorite

ChargePoint Stock Jumps On Raised FY22 Revenue Guidance

Benzinga2021-09-02

ChargePoint Holdings Inc (NYSE:CHPT) reported second-quarter revenue growth of ~61% year-over-year to $56.12 million, beating the consensus of $49.06 million.
The company says revenue growth was significant in North America and Europe across the commercial, fleet, and residential verticals.
Revenue by segments: Networked charging systems $40.87 million (+91.3% Y/Y), Subscriptions $12.08 million (+23.15% Y/Y) and Others $3.16 million (-16.2 Y/Y).
EPS was $(0.29). Net loss attributable to common stockholders narrowed to $(92.4) million.
Gross profit increased by 19.4% Y/Y to $10.78 million, and margin contracted by 660 bps to 19.2%.
Loss from operation expanded to $(74.29) million, compared to a loss of $(23.5) million a year ago.
The company held cash and equivalents of $618.5 million as of July 31, 2021.
ChargePoint cash used in operating activities year-to-date was $61.19 million, compared to $50.07 million a year ago.
The company’s activated ports exceed 118,000 as of July 31, with over 5,400 in Europe and over 3,700 DC fast charge ports.
Q3 outlook: ChargePoint expects revenue of $60 million - $65 million versus the consensus of $54.65 million.
FY22 Outlook: The company expects revenue of $225 million - $235 million (prior $195 million - $205 million) versus the consensus of $206.56 million.
Price Action: CHPT shares are trading higher by 14.23% at $24.25 during the premarket session on Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

3

Report

Comment（1）

ALVH
·2021-09-02
Excellent ?
Reply
1
Report

Most Discussed

7x24

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2164423358?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-09-02 19:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2164423358","market":"hk","top_or_hot":-1,"title":"ChargePoint Stock Jumps On Raised FY22 Revenue Guidance","media":"Benzinga","content":"<html><body><ul>\n<li><strong>ChargePoint Holdings Inc</strong> (NYSE:CHPT) reported second-quarter revenue growth of ~61% year-over-year to $56.12 million, beating the consensus of $49.06 million.</li>\n<li>The company says revenue growth was significant in North America and Europe across the commercial, fleet, and residential verticals.</li>\n<li><strong>Revenue by segments</strong>: Networked charging systems $40.87 million (+91.3% Y/Y), Subscriptions $12.08 million (+23.15% Y/Y) and Others $3.16 million (-16.2 Y/Y).</li>\n<li>EPS was $(0.29). Net loss attributable to common stockholders narrowed to $(92.4) million.</li>\n<li>Gross profit increased by 19.4% Y/Y to $10.78 million, and margin contracted by 660 bps to 19.2%.</li>\n<li>Loss from operation expanded to $(74.29) million, compared to a loss of $(23.5) million a year ago.</li>\n<li>The company held cash and equivalents of $618.5 million as of July 31, 2021.</li>\n<li>ChargePoint cash used in operating activities year-to-date was $61.19 million, compared to $50.07 million a year ago.</li>\n<li>The company’s activated ports exceed 118,000 as of July 31, with over 5,400 in Europe and over 3,700 DC fast charge ports.</li>\n<li><strong>Q3 outlook:</strong> ChargePoint expects revenue of $60 million - $65 million versus the consensus of $54.65 million.</li>\n<li><strong>FY22 Outlook:</strong> The company expects revenue of $225 million - $235 million (prior $195 million - $205 million) versus the consensus of $206.56 million.</li>\n<li><strong>Price Action:</strong> CHPT shares are trading higher by 14.23% at $24.25 during the premarket session on Thursday.</li>\n</ul>\n</body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ChargePoint Stock Jumps On Raised FY22 Revenue Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChargePoint Stock Jumps On Raised FY22 Revenue Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 19:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/21/09/22775956/chargepoint-stock-jumps-on-raised-fy22-revenue-guidance><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ChargePoint Holdings Inc (NYSE:CHPT) reported second-quarter revenue growth of ~61% year-over-year to $56.12 million, beating the consensus of $49.06 million.\nThe company says revenue growth was ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/21/09/22775956/chargepoint-stock-jumps-on-raised-fy22-revenue-guidance\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHPT","symbol_name":"ChargePoint Holdings Inc.","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/21/09/22775956/chargepoint-stock-jumps-on-raised-fy22-revenue-guidance","article_id":"2164423358","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2164423358","pubTimestamp":1630583480,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"\n","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CHPT":"ChargePoint Holdings Inc."},"translate_title":"ChargePoint股价因上调22财年收入指南而飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GUID":1,"CHPT":0.9},"content_text":"ChargePoint Holdings Inc (NYSE:CHPT) reported second-quarter revenue growth of ~61% year-over-year to $56.12 million, beating the consensus of $49.06 million.\nThe company says revenue growth was significant in North America and Europe across the commercial, fleet, and residential verticals.\nRevenue by segments: Networked charging systems $40.87 million (+91.3% Y/Y), Subscriptions $12.08 million (+23.15% Y/Y) and Others $3.16 million (-16.2 Y/Y).\nEPS was $(0.29). Net loss attributable to common stockholders narrowed to $(92.4) million.\nGross profit increased by 19.4% Y/Y to $10.78 million, and margin contracted by 660 bps to 19.2%.\nLoss from operation expanded to $(74.29) million, compared to a loss of $(23.5) million a year ago.\nThe company held cash and equivalents of $618.5 million as of July 31, 2021.\nChargePoint cash used in operating activities year-to-date was $61.19 million, compared to $50.07 million a year ago.\nThe company’s activated ports exceed 118,000 as of July 31, with over 5,400 in Europe and over 3,700 DC fast charge ports.\nQ3 outlook: ChargePoint expects revenue of $60 million - $65 million versus the consensus of $54.65 million.\nFY22 Outlook: The company expects revenue of $225 million - $235 million (prior $195 million - $205 million) versus the consensus of $206.56 million.\nPrice Action: CHPT shares are trading higher by 14.23% at $24.25 during the premarket session on Thursday.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":812663642,"gmtCreate":1630583940986,"gmtModify":1676530347054,"author":{"id":"3559696317030368","authorId":"3559696317030368","name":"ALVH","avatar":"https://static.tigerbbs.com/e51a74fe0719fc4f9e10b19fb4e6e8e9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3559696317030368","authorIdStr":"3559696317030368"},"htmlText":"Excellent ?","listText":"Excellent ?","text":"Excellent ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/812663642","repostId":2164423358,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}