CNBC Television published this video item, entitled “ChargePoint CEO: We expect to be profitable soon” – below is their description.
ChargePoint CEO Pasquale Romano joins ‘The Exchange’ to discuss its latest earnings results, the growth of the EV market and when the company could become profitable. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
ChargePoint posted an adjusted loss of 14 cents per share for its latest quarter, 1 cent wider than anticipated, while the charging station network operator saw revenue slightly above estimates. The company did give stronger-than-expected current-quarter revenue guidance and raised its full-year outlook. Despite the upbeat outlook, ChargePoint fell 2.7% in premarket trading.
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