Chargepoint stock charges higher after sales beat, increased forecast
Car-charging company tops $56 million in quarterly revenue, beating estimates, and full-year guidance jumps to at least $225 million.Analysts on average expected a loss of 13 cents a share on sales of $49.1 million, according to FactSet. After closing with 0.4% gain at $21.23, shares jumped to more than $23.50 in the extended session following Wednesday's report.With the sales beat, executives increased their annual guidance to sales of $225 million to $235 million, after previously stating a ta
NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% YOY
NIO delivered 21,896 vehicles in the three months ended June 2021, increasing by 111.9% year-over-year. Cumulative deliveries of the ES8, ES6 and EC6 as of June 30, 2021 reached 117,597. NIO Inc., a pioneer and a leading manufacturer of premium smart electric vehicles in China, today announced its June and second quarter 2021 delivery results.NIO delivered 8,083 vehicles in June 2021, a new monthly record representing a robust 116.1% year-over-year growth. The deliveries consisted of 1,498 ES8s,