ChargePoint Q3 2024 EPS $(0.43) Down From $(0.25) YoY, Revenue $110.3M Misses $122.408M Estimate
Portfolio Pulse from Benzinga Newsdesk
ChargePoint Holdings, Inc. reported a Q3 2024 EPS of $(0.43), a decline from $(0.25) year-over-year. Revenue for the quarter was $110.3 million, falling short of the estimated $122.408 million.
December 06, 2023 | 9:13 pm
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NEGATIVE IMPACT
ChargePoint's Q3 2024 earnings report showed a larger loss per share and revenue that missed analyst estimates, which could negatively impact investor sentiment.
ChargePoint's reported earnings show a negative trend with a larger year-over-year loss and a significant revenue miss compared to analyst expectations. This typically leads to a negative short-term reaction in the stock market as investors adjust their expectations.
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IMPORTANCE 90
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