EVgo Inc (EVGO) Reports Substantial Revenue Growth in 2023 Earnings [Yahoo! Finance]
EVgo Inc. (EVGO)
Company Research
Source: Yahoo! Finance
Network Throughput : The company's network throughput grew by 189% year-over-year, reaching 130 GWh for the full year 2023. Gross Profit : Gross profit turned positive, with a 272% increase year-over-year, signaling improved operational efficiency. Adjusted EBITDA : Adjusted EBITDA improved by 27%, with the company targeting breakeven in 2025. Customer Growth : Over 110,000 new customer accounts were added in Q4 2023, bringing the total to over 884,000, a 60% increase from the previous year. Infrastructure Expansion : EVgo expanded its network, adding over 930 new stalls in 2023, including the first NEVI-funded site in the U.S. Warning! GuruFocus has detected 4 Warning Signs with EVGO. On March 6, 2024, EVgo Inc ( NASDAQ:EVGO ) released its 8-K filing , detailing the company's financial results for the fourth quarter and full year ended December 31, 2023. EVgo, a leader in electric vehicle charging solutions, operates a comprehensive network of public direct current fast-
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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