Chargepoint Holdings Shares Down 5% Following Q1 Earnings Miss

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Go back to Chargepoint Holdings Shares Down 5% Following Q1 Earnings Miss

ChargePoint Reports First Quarter Fiscal Year 2023 Financial Results

May 31, 2022 4:08 PM EDT

Quarterly revenue increased 102% year over year reflecting momentum across all verticals

Achieved record growth in Europe with 67% sequential quarterly revenue growth Over 188,000 activated ports under management as of April 30, with approximately 57,000 in Europe Fortified balance sheet with $300 million cash raise from convertible notes offering Confirms full-year revenue guidance of $450 million to $500 million for fiscal year 2023

 

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