secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001558370-24-010524
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVgo Q2 revenue $66.6M record, up 32% YoY; raises FY revenue guidance midpoint by $10M
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- Charging network revenue $36.4M (+146% YoY); network throughput 66 GWh (+164% YoY).
- Net loss $29.6M, adjusted EBITDA ($8.0M); gross profit $6.4M, adj. gross profit $17.7M.
- Added ~3,440 stalls in operation, 220+ new stalls in Q2; customer accounts >1M (+59% YoY).
- Subaru extended $500 charging credit for Solterra drivers; Autocharge+ sessions up 202% YoY.
- Raises FY total revenue guidance midpoint by $10M (specific range not provided in release).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000155837024010524/0001558370-24-010524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000155837024010524/evgo-20240801x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010524

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