earnings
confidence high
sentiment positive
materiality 0.75
EVgo Q3 revenue $67.5M (+92% YoY), record network throughput 78 GWh (+111% YoY)
EVgo Inc.
2024-Q3 EPS reported
-$0.30
revenue$189,312,000
- Record revenue $67.5M (+92% YoY); charging network revenue $43.1M (+98% YoY).
- Network throughput 78 GWh (+111% YoY), 7th consecutive quarter of triple-digit growth.
- Net loss $33.3M; Adjusted EBITDA ($8.9)M.
- Added 270+ stalls in Q3, ending at ~3,680 operational; 147k+ new accounts (total >1.2M).
- Received conditional DOE loan guarantee up to $1.05B to build ~7,500 stalls across U.S.