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ChargePoint Holdings Inc - Ordinary Shares - Class A Stock News
ChargePoint (CHPT 10.04%), the leading builder of electric vehicle (EV) charging stations in North America and Europe, posted its latest earnings report on June 4. For the first quarter of fiscal 2026, which ended on April 30, the company's revenue fell 9% year over year to $97.6 million, missing analysts' expectations by $2.9 million.
ChargePoint reported disappointing Q1/FY2026 results, with sales coming in below consensus expectations and material cash usage. While gross margins continued to improve, a combination of higher operating expenses and lower sales resulted in a sequential drop in Adjusted EBITDA. Persistently challenging market conditions resulted in the company guiding Q2 revenues well below consensus expectati...
Shares of electric vehicle charging company ChargePoint Holdings (CHPT -22.93%) short-circuited Thursday morning, plunging 19.8% through 10:05 a.m. ET after the company reported twice as big a loss as anticipated for its fiscal 2026 first quarter.
ChargePoint Holdings, Inc. (NYSE:CHPT ) Q1 2026 Earnings Conference Call June 4, 2025 4:30 PM ET Company Participants John Paolo Canton - Corporate Participant Mansi Khetani - CFO & Chief Accounting Officer Richard Wilmer - President, CEO & Director Conference Call Participants Colin William Rusch - Oppenheimer & Co. Inc., Research Division Operator Ladies and gentlemen, good afternoon. My name...
CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint”), a leading provider of networked solutions for charging electric vehicles (EVs), today reported results for its first quarter of fiscal year 2026 ended April 30, 2025. “In Q1 ChargePoint continued to improve key metrics - including subscription margin and overall gross margin – while also announcing partne...
When ChargePoint Holdings (CHPT -3.47%) reported full fiscal 2025 earnings, it spent a great deal of time discussing its improving profitability, which was achieved largely by management's cost-cutting. The only problem is that the company is still losing money, and that's not likely to change anytime soon.
The electric vehicle (EV) industry is facing a multitude of headwinds right now. Tariffs, rising EV prices, and a worsening political environment for electric vehicles are causing turmoil among automakers.
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