ChargePoint (CHPT) Surges 15% on Beat-and-raise, Analysts Upbeat but Lower PTs

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ChargePoint Reports Second Quarter Fiscal 2022 Financial Results; Raises Full-Year Revenue Guidance

September 1, 2021 4:07 PM EDT

Quarterly revenue increased 61% year over year
Full-year revenue guidance raised 15% to $225 $235 million
Activated ports exceed 118,000 as of July 31 with over 5,400 in Europe and over 3,700 DC fast charge ports
Announced agreement to acquire European e-mobility technology provider has·to·be, and acquired eBus and commercial vehicle management provider ViriCiti
Introduced global fleet charging portfolio and announced seamless charging integration in-vehicle and in-app with Mercedes-Benz USA

CAMPBELL, Calif.--(BUSINESS... More