04:44 PM EDT, 06/05/2024 (MT Newswires) -- ChargePoint ( CHPT ) reported a fiscal Q1 loss late Wednesday of $0.17 per diluted share, compared with a $0.23 loss a year earlier.

Analysts polled by Capital IQ expected a loss of $0.19.

Revenue in the quarter ended April 30 fell to $107 million from $130 million a year earlier.

Analysts surveyed by Capital IQ expected $105.6 million.

The company expects fiscal Q2 revenue of $108 million to $118 million. Analysts polled by Capital IQ expect $122.7 million.

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