ChargePoint Holdings (CHPT) reported late Wednesday its fiscal Q3 net loss narrowed to $0.18 per diluted share, from $0.43 a year earlier.
Analysts polled by FactSet expected a loss of $0.18.
Revenue for the quarter ended Oct. 31 was $99.6 million, down from $110.3 million a year earlier.
Analysts surveyed by FactSet expected $89.8 million.
The company said it is focusing on achieving growth and optimizing operations to reach positive non-GAAP Adjusted EBITDA, targeted for a quarter in fiscal year 2026.
Shares of ChargePoint jumped more than 18% in recent Wednesday trading.
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