Shares of electric car charging company ChargePoint (NYSE: CHPT) collapsed this morning, tumbling 25% through 10 a.m. ET after a huge earnings miss was reported last night. Heading into its fiscal Q2 2024, analysts were already pretty downbeat about ChargePoint, forecasting $0.15 per share of losses on sales of $153.2 million — yet ChargePoint still managed to disappoint. ChargePoint may have missed sales estimates, but it still grew its quarterly revenues an impressive 39% year over year.
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