ChargePoint: Massive Revenue Warning [Seeking Alpha]
ChargePoint Holdings, Inc. (CHPT)
Company Research
Source: Seeking Alpha
35.67K Follower s Follow Summary ChargePoint's Q2 report was disastrous, missing revenue estimates and providing significantly lower guidance for the current period. The company continues to struggle with large losses, cash burn, and significant dilution, despite some improvement in operating losses. Management's focus on returning to revenue growth included a 15% headcount reduction, but the goal of positive non-GAAP adjusted EBITDA has been delayed to fiscal 2026. Arthur Kaszuba As the electric vehicle space continues to hit some bumps in its growth story, those trying to build out the necessary charging infrastructure have been hit hard. ChargePoint ( NYSE: CHPT ) shares have lost almost all of their value in recent years, as the company continues to miss long term sales growth estimates. On Wednesday, the company reported its fiscal Q2 results , and the news featured a major guidance disappointment for the current period. Previous coverage on the name: I've been
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CHPT
News
- ChargePoint appoints David Vice as chief revenue officer [Seeking Alpha]Seeking Alpha
- ChargePoint Appoints David Vice as Chief Revenue OfficerBusiness Wire
- Is It Time to Give Up on ChargePoint Stock? [Yahoo! Finance]Yahoo! Finance
- Is ChargePoint Stock Headed to $1 After Revenue Warning Sinks Shares? [Yahoo! Finance]Yahoo! Finance
- 1 Wall Street Analyst Thinks ChargePoint Is Going to $2. Is It a Buy Around $1.30? [Yahoo! Finance]Yahoo! Finance
CHPT
Earnings
- 9/4/24 - Miss
CHPT
Sec Filings
- 9/9/24 - Form 10-Q
- 9/4/24 - Form 8-K
- 7/11/24 - Form 4
- CHPT's page on the SEC website