ChargePoint Holdings Q1 Earnings Highlights: Revenue Beat, EPS Miss, Q2 Guidance, EBITDA Update And More
Portfolio Pulse from Chris Katje
ChargePoint Holdings reported Q1 revenue of $130 million, up 59% YoY, beating the Street consensus estimate of $128.1 million. However, the company reported a loss of 23 cents per share, missing the estimate of a 17 cents loss. ChargePoint provided Q2 revenue guidance of $148 million to $159 million, representing 41% YoY growth at the mid-point.
June 01, 2023 | 8:35 pm
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ChargePoint's Q1 revenue beat estimates, but EPS missed. The company provided strong Q2 revenue guidance, indicating potential growth.
ChargePoint's Q1 revenue beat estimates, showing strong growth in the EV charging infrastructure market. However, the EPS miss indicates that the company is still facing challenges in profitability. The strong Q2 revenue guidance suggests potential growth, but the mixed results make it difficult to predict a clear short-term price direction.
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