EVgo Inc. Reports Fourth Quarter and Full Year 2023 Results [Yahoo! Finance]
EVgo Inc. (EVGO)
Company Research
Source: Yahoo! Finance
For the full year 2023, revenue reached $161.0 million, an increase of 195% over full year 2022, and exceeding the high-end of the Company's guidance range. Network throughput reached a record 50 gigawatt-hours ("GWh") in the fourth quarter, an increase of 257% year-over-year. Network throughput for the full year 2023 increased to 130 GWh, representing growth of 189% over full year 2022. Ended 2023 with approximately 3,550 stalls in operation or under construction, including EVgo eXtend™ stalls, with over 260 new operational stalls added during the fourth quarter. Added over 110,000 new customer accounts in the fourth quarter and approximately 366,000 during 2023, reaching more than 884,000 overall at the end of the year. Net loss was $36.6 million for the fourth quarter of 2023 and $135.5 million for the full year 2023. Adjusted EBITDA was ($14.0) million for the fourth quarter of 2023, and ($58.8) million for the full year 2023, outperforming the high-end of the Company
Show less
Read more
Impact Snapshot
Event Time:
EVGO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EVGO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EVGO alerts
High impacting EVgo Inc. news events
Weekly update
A roundup of the hottest topics
EVGO
News
- Motiv Names Scott Griffith as Chief Executive Officer and Board MemberGlobeNewswire
- EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024 [Yahoo! Finance]Yahoo! Finance
- EVgo Doubles Down on Commitment to Begin NACS Deployments in 2024Business Wire
- EVgo, Inc. (NYSE: EVGO) had its price target lowered by analysts at Evercore ISI from $8.00 to $7.00. They now have an "outperform" rating on the stock.MarketBeat
- EVgo, Inc. (NYSE: EVGO) had its price target lowered by analysts at Citigroup Inc. from $3.00 to $2.00. They now have a "neutral" rating on the stock.MarketBeat
EVGO
Earnings
- 5/7/24 - Beat
EVGO
Sec Filings
- 5/16/24 - Form 8-K
- 5/14/24 - Form 4
- 5/7/24 - Form 10-Q
- EVGO's page on the SEC website