ChargePoint Holdings Inc CHPT shares are trading lower by 3.19% to $2.73 Friday morning, despite a lack of company-specific news. The company last week reported worse-than-expected second-quarter results.
What Happened?
ChargePoint Holdings disclosed its quarterly financial performance, revealing a net loss of 24 cents per share. This figure fell short of the analyst consensus estimate of a loss of 15 cents.
Additionally, the company reported quarterly sales totaling $150.49 million, which were slightly below the analyst consensus estimate of $153.24 million by 1.79 percent.
This figure indicates a 39% increase in sales when compared to the $108.29 million reported during the same period in the preceding year...Read More
According to data from Benzinga Pro, ChargePoint has a 52-week high of $18.82 and a 52-week low of $4.96.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
