ChargePoint Holdings, Inc. Chut The results of the fourth quarter were released after the closing bell on Tuesday. Here’s a look at the details of the report.
the details: Chargepoint has reported quarterly losses per share, in line with the estimation of the consensus of the analysts. The quarterly revenues amounted to $ 101.88 million, which won the estimation of the analyst’s consensus of 101.71 million dollars.
The indirect total margin was 30 % compared to 22 % in the same quarter of the previous year.
Read more: The CEO says that Trump’s tariff will raise prices “within days.”
“We have made a great serial improvement in cash use during the fiscal year 2025,” he said, he said Mansi KhitaniFinancial Manager for shipping.
“The funds used in operating activities, a close agent for our cash consumption, decreased to $ 3 million in the fourth quarter, a decrease from 31 million dollars in the third quarter. This was due to the total number of margins, low operating expenses, decrease in stocks and other improvements on working capital. Getani added:” The focus on operating excellence is achieving results. ”
Expectations: For the first fiscal quarter, ChargPoint expects revenues ranging from $ 95 million to $ 105 million, for an estimate of $ 101.53 million.
CHPT PRICE work: According to data from Benzinga ProChargePoint shares increased by 2.6 % to 68 cents while trading after working hours on Tuesday.
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Photo: Integration of Chargepoint Holdings, Inc.
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