ChargePoint Holdings, Inc. (NYSE: CHPT) disappointed investors after reporting dismal bottom-line results for the first quarter of Fiscal 2023 (ended April 30, 2022). Its loss per share in the quarter was 35% wider than the consensus estimate. Meanwhile, revenues exceeded the consensus estimate by 7.8%. After losing 4.9% during the day, shares of the company, which provides infrastructure for electric vehicles, slipped another 2.7% in the extended trading session on Tuesday. Financial Highlights In the quarter, ChargePoint posted a loss of $0.27 per share, higher than the consensus loss estimate of $0.20 per share. However, the bottom line was way better than the year-ago tally of a loss of $0.
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ChargePoint (NYSE:CHPT)
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