ChargePoint Holdings, Inc. (CHPT) revealed Loss for first quarter that decreased from last year but missed the Street estimates.
The company's earnings totaled -$71.8 million, or -$0.17 per share. This compares with -$79.4 million, or -$0.23 per share, in last year's first quarter.
Analysts on average had expected the company to earn -$0.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 17.7% to $107.0 million from $130.0 million last year.
ChargePoint Holdings, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): -$71.8 Mln. vs. -$79.4 Mln. last year.
-EPS (Q1): -$0.17 vs. -$0.23 last year.
-Revenue (Q1): $107.0 Mln vs. $130.0 Mln last year.
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