ChargePoint (CHPT) stock surged over 50% during Thursday's trading session, with CEO Rick Wilmer calling it "the beginning of upward momentum."
ChargePoint CEO Rick Wilmer stated that the company's stock surge of over 50% during intraday trading on Thursday was "just the beginning of the upside momentum." This followed the release of the company's fiscal second-quarter 2027 results, which significantly exceeded Wall Street expectations, along with guidance for continued improvement. Revenue for the quarter reached $116.1 million, with a loss per share of $0.35, both outperforming analysts' estimates of $105.2 million in revenue and a loss of $0.85. Wilmer noted that the company is nearing the end of a three-year business plan that has substantially boosted revenue and significantly reduced losses, with net losses falling from $125.3 million three years ago to $35.6 million in the most recent quarter. The company projects third-quarter revenue to be between $105 million and $115 million, with the midpoint representing an approximate 4% year-over-year increase.
Source:CNBC头条 · Source Link
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