$EVGO (EVgo Inc)$NSDQ100
Has reported earnings. Overall trajectory is very good with massive growth and expansion.
- Targeting break even in 2025.
- 2024 they will continue to drive expansion.
$EVGO is up 15% premarket on the news.
Highlights:
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Revenue of $50.0 million
Network Throughput1 of 50 gigawatt-hours
Customer Account Additions of more than 110,000 accounts
Gross Profit of $3.5 million
Net Loss of $36.6 million
Adjusted Gross Profit2 of $13.3 million
Adjusted EBITDA2 of ($14.0) million
Cash Flows Used in Operating Activities of $7.3 million
Capital Expenditures of $34.8 million
Capital Expenditures, Net of Capital Offsets2 of $21.8 million... Show More
