EVgo Q2 revenue $50.6M (up 457% YoY); network throughput 24.9 GWh (up 147%)

EVgo Inc.

2023-Q2 EPS reported -$0.25 revenue$75,852,000

Revenue $50.6M (+457% YoY); net loss $21.5M; adjusted EBITDA loss $10.6M.
Network throughput 24.9 GWh (+147% YoY); 3,200 stalls; 688k customer accounts (+55% YoY).
Won $13.8M Ohio NEVI funding to deploy 20 fast charging stations.
Reached 1,000th stall opened under GM partnership.
Raised $129.1M net proceeds from equity offerings (primary + ATM).

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 0.9

EVgo Inc. reported the second quarter ended June 30, 2023 results: revenue $50.6 million, net income Net Loss of $21.5 million.

Period: the second quarter ended June 30, 2023
Revenue: $50.6 million
Net income: Net Loss of $21.5 million
Result: reported results

Exact text from the filing

is furnished as Exhibit 99.1 to this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- EVgo Inc. Reports Record Second Quarter 2023 Results ● Revenue grew to a record $50.6 million in the second quarter, representing an increase of 457% year-over-year . ● Network throughput reached a record 24.9 gigawatt-hours (“GWh”) in the second quarter, an increase of

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EVgo Inc. filing history →

Source: SEC EDGAR

accession 0001821159-23-000005

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