Reports Q2 revenue $98.6M, consensus $95.4M. “In the second quarter, ChargePoint’s (CHPT) focus on operational excellence delivered meaningful improvement in gross margin and cash management. Our commitment to deliver innovation is translating into new products that are receiving very positive market reaction,” said Rick Wilmer, CEO of ChargePoint. “Furthermore, ChargePoint made major strides in operationalizing our strategic partnership with Eaton, and we are already achieving results. Together, we expect to deliver tremendous value with our new Express DC fast charging architecture, which we believe will change the economics of DC fast charging for the industry, and our new Flex AC product line.”
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