ChargePoint reports $116 million Q2 revenue as margins improve
Image: Primary ChargePoint reported $116 million in second-quarter revenue, above its $100 million to $110 million guidance range, according to a summary of its earnings call.
The company said non-GAAP gross margin reached 38%, or about 35% excluding roughly $4 million in tariff refunds, while adjusted EBITDA loss narrowed to $5 million. It also said it began early-access shipments of Express Solo DC chargers and expects production inventory in fiscal Q4. For fiscal Q3, ChargePoint guided to $105 million to $115 million in revenue.
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This story was sourced from The Globe and Mail and reviewed by the T&B editorial agent team.
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