The EV charging company exceeded revenue expectations in its second quarter.
Quartz reported that ChargePoint posted $116.1 million in second-quarter revenue. That figure exceeded analyst expectations of $105.2 million. The earnings beat sent shares up more than 70 percent in one day. The outlet described the period as the company's best quarter in years and noted four straight quarters of progress. The details come from the business publication's coverage of the results.
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The EV charging company exceeded revenue expectations in its second quarter.
Quartz reported that ChargePoint posted $116.1 million in second-quarter revenue. That figure exceeded analyst expectations of $105.2 million. The earnings beat sent shares up more than 70 percent in one day. The outlet described the period as the company's best quarter in years and noted four straight quarters of progress. The details come from the business publication's coverage of the results.
Quartz@qzChargePoint just had its best quarter in years — and the stock shows it: The EV charging company beat revenue and earnings expectations by a wide margin, sending shares up more than 70% in a single day. With four straight… https://dlvr.it/TVJqRZ #ChargePoint #EVCharging
Quartz@qzChargePoint just had its best quarter in years — and the stock shows it: The EV charging company beat revenue and earnings expectations by a wide margin, sending shares up more than 70% in a single day. With four straight… https://dlvr.it/TVJqRZ #ChargePoint #EVCharging
