ChargePoint Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended July 31, 2021
September 01, 2021 at 09:07 pm
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ChargePoint Holdings, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended July 31, 2021. For the quarter, the company reported total revenue of $56,121,000 compared to $34,957,000 a year ago. Loss from operations was $74,288,000 compared to $23,530,000 a year ago. Net loss was $84,938,000 compared to $35,287,000 a year ago. Basic net loss per share attributable to common stockholders was $0.27 compared to $6.97 a year ago. Diluted net loss per share attributable to common stockholders was $0.29 compared to $6.97 a year ago.
For the six months, the company reported total revenue of $96,631,000 compared to $67,733,000 a year ago. Loss from operations was $120,886,000 compared to $53,082,000 a year ago. Net loss was $2,649,000 compared to $65,385,000 a year ago. Basic and diluted net loss per share was $0.64 compared to $9.67 a year ago. Diluted net loss per share attributable to common stockholders was $1.12 compared to $9.97 a year ago.
ChargePoint Holdings, Inc. is an electric vehicle (EV) charging technology solutions provider. The Company designs, develops, and markets networked electric vehicle charging system infrastructure (Networked Charging Systems), connected through cloud-based services (Cloud Services) which enables charging system owners, or hosts, to manage their Networked Charging Systems, and enable drivers to locate, reserve and authenticate Networked Charging Systems, and to transact EV charging sessions on those systems. The Companyâs Networked Charging Systems, subscriptions and other offerings provide an open platform that integrates with system hardware from ChargePoint and other manufacturers, connecting systems over an intelligent network that provides real-time information about charging sessions and full control, support, and management of the Networked Charging Systems. This network also provides multiple Web-based portals for charging system owners, fleet managers, drivers, and utilities.