Is It Time to Give Up on ChargePoint Stock?
CHPTChargePoint(CHPT) The Motley Fool·2024-09-10 17:30

The EV charging-network builder faces existential challenges.ChargePoint (CHPT -2.29%), the leading builder of electric-vehicle (EV) charging stations in North America and Europe, posted its latest earnings report on Sept. 4. For the second quarter of fiscal 2025, which ended on July 31, the company's revenue declined 28% year over year to 108.5millionandmissedanalystsestimatesby108.5 million and missed analysts' estimates by 4.5 million. However, it still narrowed its net loss from 125.3millionto125.3 million to 68.9 million, or $0.16 per share, which mat ...