ChargePoint (CHPT 3.57%) is struggling to generate growth amid the challenging electric vehicle industry backdrop.
ChargePoint (CHPT 5.61%) stock is seeing significant bullish momentum in Thursday's trading. The company's share price was up 5.6% as of 3:45 p.m.
ChargePoint (CHPT -1.72%) has disappointed a lot of investors since its public debut. The electric vehicle (EV) charging infrastructure builder went public by merging with a special purpose acquisition company (SPAC) in March 2021, and its stock opened at $32.30.
ChargePoint (CHPT) and General Motors (GM) are teaming up to install hundreds of new electric vehicle chargers, the companies announced Wednesday.
Shares of electric vehicle (EV) charging company ChargePoint (CHPT 1.63%) jumped as much as 12% today after the announcement of an agreement with General Motors to accelerate the installation of fast EV charging stations across the U.S.
Plug Power (PLUG 12.19%) and ChargePoint (CHPT 6.87%) are struggling to gain traction in developing alternative energy solutions.
CHPT reports mixed fiscal third-quarter results and expects fiscal fourth-quarter revenues in the range of $95-$105 million.
Shares of ChargePoint Holdings Inc CHPT were up 6.15% at last check Thursday, after the company posted upbeat third-quarter revenues.
ChargePoint Holdings (CHPT 9.02%) stock leapt 7.8% higher through 9:55 a.m. ET Thursday morning after reporting mixed Q3 earnings last night.
The electric vehicle charging equipment maker is still a relatively new company that isn't profitable. But its numbers impressed.
ChargePoint shares rallied after a Q3 revenue beat, but street estimates had come down quite dramatically in recent months. The company's operating and net losses remain a significant percentage of current revenues. The balance sheet has weakened, with rising debt and negative cash flow, and the share count has been rising over time.
ChargePoint Holdings reported better-than-expected Q3/FY2025 results, with sales coming in well above consensus estimates. While higher-margin subscription revenues continued to increase, sales of charging systems deteriorated to new multi-year lows. Lower operating expenses resulted in substantially reduced Adjusted EBITDA losses and reduced cash outflows.