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ChargePoint’s Q1 Net Loss Narrows 11% YoY on the Back of Higher Income

Total revenue for the quarter jumped 59% YoY to $130 million

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Electric vehicle (EV) charging solution provider ChargePoint’s net loss narrowed by 11% year-over-year (YoY) to $79.4 million for the first quarter (Q1) of the financial year (FY) 2023-24, primarily driven by the higher revenue from the company’s networked charging systems.

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