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The EV charging company reported $116.1 million in second-quarter revenue, well above analyst expectations of $105.2 million
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ChargePoint stock climbed more than 70% on Thursday after the electric vehicle charging company reported second-quarter fiscal 2027 results that beat Wall Street expectations on both revenue and earnings.
The company reported revenue of $116.1 million for the quarter ended July 31, up 18% from $98.6 million a year earlier. Analysts had expected $105.2 million in revenue and a loss of 85 cents per share, according to CNBC. ChargePoint posted a loss of 35 cents per share on a GAAP basis.
