DA Davidson cuts estimates on Chargepoint (CHPT), maintains Buy

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Go back to DA Davidson cuts estimates on Chargepoint (CHPT), maintains Buy

ChargePoint reports first quarter fiscal year 2024 financial results

June 1, 2023 4:08 PM EDT

First quarter fiscal 2024 revenue of $130 million representing 59% year-over-year growth

Gross margin increases to 23% GAAP and 25% Non-GAAP Plans to reduce Non-GAAP Adjusted EBITDA Loss approximately two-thirds by the fourth quarter of fiscal 2024 as compared to the first quarter ChargePoint guides to second quarter fiscal year 2024 revenue of $148 - $158 million

 

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