ChargePoint Holdings Inc (NYSE:CHPT) reported second-quarter financial results after the market close on Wednesday. Here’s a look at the key metrics from the quarter.
Q2 Earnings: ChargePoint reported second-quarter revenue of $109 million, missing the consensus estimate of $113.6 million, according to Benzinga Pro. The EV charging company reported a quarterly loss of 16 cents per share, in line with analysts estimates.
Total revenue was down 28% on a year-over-year basis. Network charging systems revenue fell 44% year-over-year to $64.1 million. Subscription revenue increased 21% to $36.2 million. ChargePoint said ...
