Conference Call Participants Ladies and gentlemen, good afternoon. My name is Krista and I'll be your conference operator for today's call. At this time, I would like to welcome everyone to the ChargePoint First Quarter Fiscal 2025 Earnings Conference Call and Webcast. All participants' lines have been placed in a listen-only mode to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. I would now like to turn the call over to Patrick Hamer, ChargePoint's V ...

This quarterly report represents an earnings surprise of 15.38%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.13, delivering a surprise of -8.33%. ChargePoint Holdings, Inc. (CHPT) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immedi ...

Revenue Diversity | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------|---------|---------|---------|---------|-----------|---------|---------|--------------|---------|---------| | $M | | $150 | By Type | | | $M \n$160 | | $150 | By Geography | | | | | $130 | | | | | | $130 | | | | | | | | | | $116 | | | | | | | | | | | | $110 | | $107 | $120 | | | $110 | $116 | $107 | | | | | | | | | | | | | | | $80 | | | | | | $80 | | | | | | | $40 | | | | | | $40 | | | | | | | -- | ...

Exhibit 99.1 -chargepoin+ ChargePoint Reports First Quarter Fiscal Year 2025 Financial Results • First quarter fiscal 2025 revenue of $107 million • First quarter fiscal 2025 GAAP gross margin of 22% and non-GAAP gross margin of 24% • First quarter fiscal 2025 subscription revenue of $33 million representing 27% year over year growth • First quarter fiscal 2025 GAAP net loss improved by 10% and non-GAAP Adjusted EBITDA loss improved by 25% year over year • ChargePoint guides to second quarter fiscal 2025 re ...

Key Points ChargePoint Holdings Inc. NYSE: CHPT is a leading electric vehicle (EV) charging infrastructure company. With over 31,000 EV charging stations and 56,000 ports, ChargePoint is the country's largest EV charging network. It is a key player in enabling the widespread adoption of EVs and electrification and helping to combat range anxiety, which is the fear of running out of electricity during a trip and being stranded. ChargePoint implements artificial intelligence (AI) driven analysis to streamline ...

ChargePoint is building an asset-light EV charging business, but that doesn't mean investors shouldn't worry about the model. Where is ChargePoint's money going? For example, in fiscal 2024, ChargePoint spent roughly $221 million on research and development (R&D). Another $150 million or so went toward sales and marketing. It doesn't break out the cost of trying to influence regulatory issues, but that isn't really needed here. That's because the company's gross profit was just over $30 million. Its gross p ...

NEW YORK, May 28, 2024 /PRNewswire/ -- Moore Law, PLLC, a securities and shareholder law firm located on Wall Street, is investigating potential claims against: ChargePoint Holdings, Inc. ("ChargePoint") (NYSE: CHPT) Shareholders who acquired before December 7, 2021 should email: [email protected] ChargePoint provides networked solutions for charging electric vehicles, including the ChargePoint cloud subscription platform and charging hardware. In September and November 2023, ChargePoint announced impairmen ...

The past few years brought a great deal of excitement for green energy stocks and the renewable energy space overall. A flood of government investments and subsidies in the sector helped build investor interest. Meanwhile overseas disruptions, such as Russia's invasion of Ukraine, placed traditional fossil fuel power sources at risk. That helped further prioritize green power solutions. However, that momentum has now gone into reverse. Green power stocks have slumped over the past 18 months as government su ...

Growth stocks have captivated investors' minds for many years. Some stocks have soared 1,000% over the past five years. The few growth stocks that reach that level of success have accumulated generational returns for their early investors. However, not every growth stock follows that script. Many growth stocks have lofty valuations due to the high expectations and significant risks. While pressure can create diamonds, it can also shatter companies. Some growth stocks aren't poised to deliver promising retur ...

Rivian and ChargePoint are still worth buying, but Lucid is too risky to touch. The electric vehicle (EV) market has gone through some wild swings over the past few years. Dozens of EV- related companies went public during the buying frenzy in growth and meme stocks in 2020 and 2021, but many of those stocks burned out in 2022 and 2023 as rising interest rates popped the speculative bubble. Many investors might want to shun all EV stocks after that wipeout, but there are still plenty of beaten-down plays th ...