From None: 2024-12-05 10:24:00

ChargePoint (NYSE:CHPT) exceeded Q3 fiscal 2025 revenue expectations, boosting stock by over 9% pre-market. Revenue hit $100 million, beating estimates of $93.27 million. However, adjusted loss per share was -$0.18, slightly wider than the expected -$0.17.

Despite a 10% YoY revenue decline, ChargePoint’s Q3 revenue stayed within the $95-$105 million guidance range. Subscription revenue grew 19% to $36.4 million, while networked charging systems revenue fell 29% to $52.7 million, reflecting ongoing challenges in the segment.

ChargePoint forecasts Q4 revenue between $95 million to $105 million. The company aims to achieve positive adjusted EBITDA in a fiscal quarter in 2026, showing confidence in its long-term growth trajectory despite current challenges.



Read more at None:: ChargePoint Surges 9% on Revenue Beat