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0 0.00512820512820513 0.00961538461538452 0.00961538461538452 0.0128205128205128 0.00641025641025639 0.0124358974358974 0.0179487179487179
Stock impact report

ChargePoint Q3 Earnings Preview: The Pain Is Far From Over [Seeking Alpha]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: Seeking Alpha
CHPT subscription revenue growth is a lagging indicator. I detail the hardware lag effect and why the recent 21% drop in hardware sales signals a looming contraction in the software business. CHPT management touted a cash burn of under $2 million in Q2, but a forensic look at working capital reveals interesting insights. With the repeal of the commercial tax credit and Tesla capturing 45% of new fast-charging ports, I explain the many challenges facing ChargePoint. jetcityimage/iStock Editorial via Getty Images I can take dozens of examples from the history of corporate America to drive home the point that the growth of a particular industry does not automatically guarantee the success of all industry participants. The This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresse Show less Read more
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