ChargePoint Expects Q3 Revenue Of $150M-$165M; Est. $181.63M
Portfolio Pulse from Benzinga Newsdesk
ChargePoint (CHPT) has projected its Q3 revenue to be between $150M and $165M, which is lower than the estimated $181.63M.
September 06, 2023 | 8:26 pm
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NEGATIVE IMPACT
ChargePoint's lower than expected Q3 revenue forecast could negatively impact its stock price in the short term.
ChargePoint's projected Q3 revenue is lower than the estimated $181.63M. This shortfall could lead to a negative sentiment among investors, potentially causing a short-term drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100