ChargePoint is trading 5.78% up now at $9.61 after investors continued reacting to September 2 earnings that exceeded revenue guidance and Wall Street estimates.
- Second-quarter revenue rose 18% to $116.1 million; non-GAAP gross margin reached a record 38%, and adjusted EBITDA losses narrowed sharply.
- Third-quarter revenue guidance of $105 million–$115 million implies a sequential slowdown.
- Trading is highly active following September 3’s 74.95% surge.