EVgo Q1 revenue $25.3M (+229% YoY), net loss $49.1M, stalls ~3,100

EVgo Inc.

2023-Q1 EPS reported -$0.18 revenue$25,300,000

Revenue $25.3M (229% YoY); network throughput 17.9 GWh (+124% YoY).
Net loss of $49.1M; adjusted EBITDA loss of $20.1M; gross profit $41k.
Added 67k customer accounts, total ~614k; 3,100 stalls in operation/under construction.
Expanded Chevron agreement for DC fast charging at Chevron and Texaco stations.
Raised $5.7M in at-the-market equity issuance in April 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EVgo Inc. reported first quarter ended March 31, 2023 results: revenue $25.3 million, net income ($49.1) million.

Period: first quarter ended March 31, 2023
Revenue: $25.3 million
Net income: ($49.1) million
Result: reported results

Exact text from the filing

the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- EVgo Inc. Reports First Quarter 2023 Results ● Revenue grew to $25.3 million in the first quarter, representing an increase of 229% year-over-year . ● Network throughput reached 17.9 gigawatt-hours (“GWh”) in the first quarter, an increase of 124%

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

EVgo Inc. filing history →

Source: SEC EDGAR

accession 0001558370-23-008692

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