• 39
  • 10
  • Favorite

Why ChargePoint Holdings Shares Are Trading Higher Today

Benzinga2021-09-02

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher after the company reported better-than-expected second-quarter financial reasults and raised its full-year guidance.

ChargePoint Holdings reported quarterly sales of $56.12 million which beat the analyst consensus estimate of $49.06 million.

The company raised its full-year 2022 sales guidance from a range of $195 million - $205 million to $225 million - $235 million which is above the estimate of $206.6 million.

The company also issued third-quarter sales guidance in the range of $60 million - $65 million which is also above the estimate of $54.6 million.

"We achieved record revenue, significantly grew our commercial, fleet and residential businesses, launched a charging integration with Mercedes, announced our agreement to acquire e-mobility technology provider has·to·be and acquired eBus and commercial vehicle management provider ViriCiti," said Pasquale Romano, President and CEO of ChargePoint.

ChargePoint Holdings Inc operates electric vehicle charging networks.

ChargePoint's stock was trading about 12.5% higher at $23.89 per share on Thursday at the time of publication. The stock has a 52-week high of $49.48 and a 52-week low of $10.19.

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.

Report

Comment10

  • JFK23
    ·2021-09-02
    Back to 36[財迷] [財迷] [財迷] 
    Reply
    Report
  • Dazhu
    ·2021-09-02
    Up up and away
    Reply
    Report
  • Niknaks
    ·2021-09-02
    With infrastructure spending on the way , I am long on this stock
    Reply
    Report
  • terry89
    ·2021-09-02
    Ok
    Reply
    Report
  • NatYong
    ·2021-09-02
    ChargePoint Holdings Inc operates electric vehicle charging networks.
    Reply
    Report
  • Winwin8
    ·2021-09-02
    Long hold stock
    Reply
    Report
  • jj266
    ·2021-09-02
    Ok
    Reply
    Report
  • ALVH
    ·2021-09-02
    Excellent[微笑] 
    Reply
    Report
  • PS153
    ·2021-09-02
    a very good news..Please comment n give a like.  thank yiut
    Reply
    Report
    Fold Replies
    • COYGrrr
      Like
      2021-09-02
      Reply
      Report
    • Vyy
      Ya
      2021-09-02
      Reply
      Report
  • canoboi
    ·2021-09-02
    Like and comment thanks
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial