ChargePoint Hldgs Q1 Adj. EPS $(0.15) Beats $(0.17) Estimate, Sales $130.03M Beat $128.14M Estimate
Portfolio Pulse from Happy Mohamed
ChargePoint Hldgs reported Q1 losses of $(0.23) per share, missing the $(0.17) estimate, and sales of $130.03M, beating the $128.14M estimate. This represents a 9.52% decrease in losses and a 59.29% increase in sales compared to the same period last year.
June 01, 2023 | 8:09 pm
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NEUTRAL IMPACT
ChargePoint's Q1 earnings show a miss on EPS and a beat on sales, with a 9.52% decrease in losses and a 59.29% increase in sales YoY.
ChargePoint's mixed Q1 results, with a miss on EPS and a beat on sales, may lead to a neutral short-term impact on the stock price. The decrease in losses and increase in sales YoY show progress, but the missed EPS estimate may offset the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100