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-0.000861326442721697 0.000574217628481259 -0.00370370370370361 -0.00229687051392478 -0.00516795865633069 -0.0137812230835485 0.00344530577088717 -0.00229687051392478
Stock impact report

Evgo targets adjusted EBITDA breakeven in Q4 2025 as stall deployment, NACS pilot, and cost controls accelerate growth [Seeking Alpha]

EVgo Inc. (EVGO) 
Company Research Source: Seeking Alpha
Badar Khan, CEO, emphasized that "EVgo delivered another solid quarter of results, furthering our position as an industry leader built for long-term success." He reported total revenue of $92 million and record charging network revenues, with nearly Quick Insights EVgo improved adjusted EBITDA, expects to reach breakeven in Q4, and management is confident in profitability milestones. Revenues hit record levels in Q3 with 37% year-over-year growth and increasing gross margins as operational stalls and throughput per stall rise. EVgo expanded NACS installations to about 100 sites, saw higher Tesla driver usage at upgraded locations, and sees it as a growth opportunity. More Trending News Show less Read more
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