secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2022-05-11T23:59:59+00:00
Accession:  0001558370-22-008229
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVgo Q1 revenue $7.7M (+86%), throughput 8.0 GWh (+95%), net loss $55.3M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000155837022008229/0001558370-22-008229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000155837022008229/evgo-20220511x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-008229

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer