ChargePoint

ChargePoint shares rose over 50% after the company beat fiscal 2027 Q2 revenue and loss expectations and guided to continued improvement. CEO Rick Wilmer said growth is accelerating driven by new Level 2 and Level 3 chargers, next‑generation products and AI to improve charging and software efficiency. The company reported $116.1 million in revenue, a tariff refund aided results but normalized gross margin set a record, and management expects further acceleration and approaching EBITDA profitability. Q3 revenue guidance is $105 million to $115 million, about flat year over year at the midpoint. » More on cnbc.com

ChargePoint reported Q2 of fiscal 2027 revenue of $116m (+18% year‑on‑year) and an adjusted loss of $1.35 per share, both metrics better than analysts expected. The non‑GAAP gross margin rose to a record 38% (normalized 35%) and the adjusted EBITDA loss narrowed to $5m. The company holds $96m in cash, reports declining inventories and an almost balanced cash‑burn rate; the outlook for Q3 is cautious at $105–115m in revenue. The stock fell slightly during the day but rose about 18% after hours on the back of margin improvement and hopes for further cash‑flow progress. » More on de.investing.com

ChargePoint is expanding its partnership with Mercedes‑Benz to offer business customers in the UK and Germany comprehensive charging solutions for company cars and light to medium commercial vans. The offering includes site assessment, planning, professional installation, operation and maintenance, as well as AC and DC hardware combined with energy and fleet charging management software. Additional features include load management, automated energy reporting, cost analysis and optional integration of photovoltaics and battery storage; a global roll‑out of the program is planned later this year. » More on de.investing.com