ChargePoint Provides Q3 FY2027 Revenue Guidance Between $105M-$115M and Targets Non-GAAP Operating Expenses Below $50M Quarterly
ChargePoint (CHPT) has provided updated guidance for the third quarter of fiscal year 2027, projecting revenue between $105 million to $115 million. The company also aims to keep non-GAAP operating expenses below $50 million per quarter for the remainder of the year. In Q2 FY2027, ChargePoint exceeded expectations by delivering record gross margins and achieving nearly zero cash burn. CEO Richard Wilmer described it as an 'exceptional' quarter where performance surpassed guidance significantly. These results reflect improved operational efficiency and strong demand in its core markets.
Tickers: $CHPT
Topics: Cash Burn ChargePoint Gross Margins Q2 Earnings