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ChargePoint Fiscal Q4 Loss Is Unchanged, Sales Drop; Q1 Revenue Guidance Set; Shares Fall After Hours
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ChargePoint Fiscal Q4 Loss Is Unchanged, Sales Drop; Q1 Revenue Guidance Set; Shares Fall After Hours
Mar 5, 2024 2:23 PM

04:56 PM EST, 03/05/2024 (MT Newswires) -- ChargePoint Holdings ( CHPT ) reported a fiscal Q4 loss late Tuesday of $0.23 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected a loss of $0.22.

Revenue in the quarter ended Jan. 31 fell to $115.8 million from $152.8 million a year earlier.

Analysts surveyed by Capital IQ expected $120 million.

The company expects fiscal Q1 2025 revenue of $100 million to $110 million. Analysts polled by Capital IQ expect $128.5 million.

Shares of the company fell 3% in after-hours activity.

Price: 1.94, Change: -0.06, Percent Change: -3.01

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