ChargePoint Holdings Inc (NYSE:CHPT) shares are trading lower on Thursday after it reported fourth-quarter results.
Earnings Snapshot
The EV charging company reported:
- Q4 revenue of $109.32 million, beating the consensus estimate of $104.70 million, according to Benzinga Pro.
- A quarterly loss of $1.85 per share, missing estimates for a loss of $1.03 per share.
- Q1 revenue expectations in the range of $90 million to $100 million versus estimates of $104.08 million.
Analyst View
Needham analyst Chris Pierce maintains a Hold rating on the stock following the results …