secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001558370-23-008692
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000155837023008692/0001558370-23-008692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000155837023008692/evgo-20230509x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-008692

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