ChargePoint Holdings, Inc. (CHPT) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.11, delivering a surprise of 15.38%. Over the last four quarters, the company h ...

Exhibit 99.1 -chargepoin+ ChargePoint Reports Second Quarter Fiscal Year 2025 Financial Results • Second quarter fiscal 2025 revenue of $109 million • Second quarter fiscal 2025 GAAP gross margin of 24% and non-GAAP gross margin of 26% • Second quarter fiscal 2025 subscription revenue of $36 million representing 21% year over year growth • Second quarter fiscal 2025 GAAP operating expense of $88 million and non-GAAP operating expense of $66 million, representing 29% and 25% year over year improvement • Char ...

ChargePoint Holdings, Inc. (CHPT) is slated to release second-quarter fiscal 2025 results on Sept. 4, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter's loss per share and revenues is pegged at 8 cents and $114.15 million, respectively. For the fiscal second quarter, the consensus estimate for the electric vehicle (EV) charging company's loss per share has narrowed by a penny in the past 90 days. Its bottom-line estimates imply an increase of 66.67% from the year-ago repor ...

The EV charging network operator faces challenges in a difficult operating environment. ChargePoint (CHPT 1.07%) was one of the hottest stocks when it went public in 2021 through a special purpose acquisition company (SPAC). Investor enthusiasm for electric vehicle (EV) stocks was at a fever pitch, and many rushed to buy the charging station company in pursuit of a hundred-billion-dollar market opportunity. The stock reached as high as $38.50 following its merger but hasn't come close to that price ever sin ...

ChargePoint Holdings, Inc. (CHPT) , an electric vehicle charging network provider, and Daimler Buses have signed a collaboration agreement to allow transportation companies with multi-brand fleets to utilize vehicle data from Mercedes-Benz and Setra buses in ChargePoint's fleet management system without the need for extra hardware. Daimler Buses offers a variety of connectivity solutions through its Omniplus On digital services. Customers can use these services via the Omniplus On portal, integrate vehicle ...

In the latest market close, ChargePoint Holdings, Inc. (CHPT) reached $1.79, with no movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.2% for the day. At the same time, the Dow added 0.24%, and the tech-heavy Nasdaq gained 0.21%. Shares of the company have depreciated by 13.11% over the course of the past month, outperforming the AutoTires-Trucks sector's loss of 13.68% and lagging the S&P 500's loss of 1.49%. The investment community will be paying clo ...

The markets went through a phase where it was easy to make money. With macroeconomic and geopolitical headwinds, we are now in a phase where stringent stock screening is needed. There will always be moneymaking opportunities, but investors must avoid purely speculative bets. In this column, I focus on the meme stocks to sell. An important aspect I have used to screen the stocks to sell is the absence of positive growth catalysts. Further, the meme stocks to sell represent companies with weak fundamentals. I ...

The EV charging business isn't what investors thought it would be. Chargepoint (CHPT -0.57%) is facing pressure on multiple fronts as electric vehicle (EV) sales growth slows and the company continues to burn cash. In this video, Travis Hoium shows why Chargepoint needs to turn its business around sooner rather than later. *Stock prices used were end-of-day prices of Aug. 12, 2024. The video was published on Aug. 12, 2024. ...

The recent carry trade scare sent Japanese stocks into a tailspin, and the contagion spread to other markets faster than a juicy rumor in a high school cafeteria. Even stocks that were already in correction mode got hammered even harder. Some analysts warn that the carry trade debacle could just be the tip of the iceberg for stocks to sell. As if that wasn't enough to give investors heartburn, the macro picture also looks pretty grim. All the usual recession red flags are waving – the inverted yield curve, ...

ChargePoint Holdings (NYSE:CHPT) is back in the green today on important news. After a volatile month, the electric vehicle (EV) charging company has reported a key catalyst that could revolutionize EV infrastructure. Its new "Omni Port" device is exactly what it sounds like. Essentially, it combines "multiple charging plugs into one single port," ensuring that almost any EV driver will be able to charge their vehicle at any ChargePoint charging space. CHPT stock has been rising steadily all day, making it ...