earnings
confidence high
sentiment neutral
materiality 0.70
EVgo Q1 revenue $7.7M (+86%), throughput 8.0 GWh (+95%), net loss $55.3M
EVgo Inc.
2022-Q1 EPS reported
-$0.21
revenue$7,700,000
- Revenue $7.7M (+86% YoY); network throughput 8.0 GWh (+95% YoY).
- Gross loss improved to ($0.6M) from ($1.7M); adj. gross margin 37.1% vs 18.5%.
- Net loss widened to $55.3M from $16.6M; adj. EBITDA ($18.2M) from ($9.8M).
- Ended quarter with 2,110 stalls in operation/under construction (+129 net new).
- Customer accounts ~375,000; development pipeline grew to 3,344 stalls from 1,477.