ChargePoint Sees Q2 Revenue $148M-$158M Vs $165.29M Est.
Portfolio Pulse from Happy Mohamed
ChargePoint expects Q2 revenue of $148M-$158M, a 41% increase YoY, but below the $165.29M estimate. The company is unable to present a reconciliation of its forward-looking Non-GAAP Adjusted EBITDA Loss projection to the corresponding GAAP measure.
June 01, 2023 | 8:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ChargePoint's Q2 revenue guidance of $148M-$158M is below the $165.29M estimate, but represents a 41% YoY increase. The company cannot provide a reconciliation of its Non-GAAP Adjusted EBITDA Loss projection.
ChargePoint's lower-than-expected Q2 revenue guidance may negatively impact its stock price in the short term. The inability to provide a reconciliation of its Non-GAAP Adjusted EBITDA Loss projection adds uncertainty, which could further affect investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100