EVgo Inc. Reports Record Third Quarter 2024 Results
EVgo Inc. (EVGO)
Company Research
Source: Business Wire
Achieves 7th Consecutive Quarter of Triple Digit Year-Over-Year Network Throughput GrowthRaises Mid-Point of 2024 Revenue and Adjusted EBITDA GuidanceRecord revenue of $67.5 million in the third quarter, representing an increase of 92% year-over-year.Charging network revenue totaled $43.1 million in the third quarter, an increase of 98% year-over-year, representing the 8th sequential quarter of double-digit charging revenue growth.Network throughput reached a record 78 gigawatt-hours (“GWh”) in the third quarter, an increase of 111% year-over-year, representing the 7th consecutive quarter of triple digit year-over-year growth.Added more than 270 new operational stalls during the third quarter, including EVgo eXtend™ stalls.Ended the third quarter with approximately 3,680 stalls in operation, including EVgo eXtend stalls.Added over 147,000 new customer accounts in the third quarter, reaching more than 1.2 million overall at quarter end. LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasda
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News
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EVGO
Earnings
- 11/12/24 - Miss
EVGO
Sec Filings
- 2/7/25 - Form SCHEDULE
- 2/4/25 - Form 4
- 2/4/25 - Form 4/A
- EVGO's page on the SEC website