EVgo

EVgo, Inc. engages in the provision of electric vehicle charging station services. It offers the EVgo network, home charging solutions, work charging solutions, and freedom station plans to electric car owners. The company was founded in October 2010 and is headquartered in Los Angeles, CA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

EVgo reports record revenue in 2022, expands partnerships for growth

EVgo's strong revenue growth in 2022 and deepening partnerships position it well in the evolving EV market. While facing challenges like supply chain disruptions, the company is focused on expanding its charging network and optimizing operational efficiency for future growth.

EVgo reports stellar Q1 earnings, poised for growth in EV market

EVgo's Q1 2023 performance reflects strong revenue growth, operational progress, and strategic partnerships positioning the company for future success.
While facing challenges in network utilization fluctuations and higher CapEx, EVgo's focus on technology and partnerships presents growth opportunities in the expanding EV market.
With a reaffirmed revenue guidance, successful first quarter, and a focus on network expansion and customer experience, EVgo's strategy is showing early signs of success.

EVgo excels in Q2, eyes collaborations for EV market dominance

EVgo's strong Q2 performance and strategic initiatives position the company as a key player in the EV market, driving revenue growth and operational efficiency
Challenges in revenue diversification and profitability require careful navigation, while opportunities in collaboration and technological advancements offer avenues for sustained growth
Increased investments in growth areas and extended liquidity into 2025 demonstrate EVgo's commitment to innovation, market leadership, and long-term sustainability

EVgo reports stellar Q3 results, eyes growth through partnerships

EVgo's Q3 2023 performance showcased exceptional revenue growth and improved EBITDA, with a strong focus on network expansion and customer satisfaction.
The company's strategic partnerships, financial guidance raise, and cost-saving innovations position it well for future growth and operational efficiency.
While facing challenges in CapEx reduction and regulatory advocacy, EVgo's financial strength, market optimization, and customer-centric approach present opportunities for sustained success.
With a clear path to profitability, EVgo's focus on network utilization, financing strategies, and regulatory engagement underpin its resilience and growth prospects.

EVgo achieves record revenue in Q4 2023, targets profitability

EVgo's Q4 2023 performance reflects strong revenue growth, operational efficiency, and a path towards profitability by 2025.
The company's strengths lie in its business model, financial discipline, strategic focus, and transparent asset-level profitability calculations.
Challenges include ongoing negative EBITDA, energy cost uncertainties, competition, and balancing expansion with profitability.
Opportunities exist in margin expansion, NEVI funding, OEM/commercial charging growth, and rideshare customer adoption of EVs.

EVgo doubles revenue, eyes EBITDA breakeven in 2025

EVgo's strong Q1 performance, focus on growth drivers, and strategic initiatives position the company for success.
Challenges in transitioning to Level 3 charging and managing seasonality require careful navigation.
Opportunities from industry shifts, site acquisitions, and identified expansion sites offer avenues for growth.
Maintaining margins, improving pricing strategies, and enhancing customer experience are key focus areas for sustained growth.

EVgo reports record revenues, secures DOE loan for growth

EVgo's Q3 performance reflects strong revenue growth and operational expansion
Strategic strengths include securing DOE loan, partnerships, and CapEx reduction plans
Challenges lie in achieving profitability and navigating competitive EV market dynamics
Opportunities exist in leveraging federal funding, partnerships, and expanding customer base

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

General Motors

Pilot Co. will install 2,000 electric fast chargers at 500 of its U.S. truck stops over the next few years, creating a coast-to-coast network in partnership with General Motors. Startup EVgo (NASDAQ: EVGO) will install, operate and maintain the chargers.

Pilot and GM plan coast-to-coast EV fast-charging network

Beam Global

Blink Charging

ChargePoint Holdings

As electric cars continue to gain traction, the demand for EV charging infrastructure is only set to blossom. To capitalize on the same, add stocks like BLNK, CHPT, EVGO and BEEM to your watchlist.

4 Charging Stocks Worth a Closer Look Amid EV Revolution

Wallbox NV

Here are the best EV charging stocks to buy with big investments in EV charging infrastructure expected in the United States and Europe. The post 4 Best EV Charging Stocks to Buy in July 2022 appeared first on InvestorPlace.

4 Best EV Charging Stocks to Buy in July 2022

Blade Air Mobility

Borr Drilling Ltd

Callon Petroleum

Power REIT

Vicarious Surgical

U.S. Silica Holdings

Although equities just finished one of the worst first-half performances ever, it also opened doors to the best bargain stocks to buy. The post 7 Best Bargain Stocks to Buy in July 2022 appeared first on InvestorPlace.

7 Best Bargain Stocks to Buy in July 2022

EVgo stock dropped 15% Wednesday after short seller and research firm Fuzzy Panda Research called the stock overvalued.

Wall Street Defends EVgo Stock After Short Seller's Report

Shares of EVGO stock are down more than 13% following accusations of false down-times and connections to Jeffrey Epstein. The post EVGO Stock Falls on Fuzzy Panda Short Report, Jeffrey Epstein Allegations appeared first on InvestorPlace.

EVGO Stock Falls on Fuzzy Panda Short Report, Jeffrey Epstein Allegations

Which EV charging stocks do you have on your watchlist right now?

4 EV Charging Stocks To Watch Ahead Of July 2022

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs), and General Motors (GM) today announced the availability of Plug and Charge for all GM EVs* with DC fast-charging capability on the EVgo network. Plug and Charge enables EVgo GM customers to start a fast-charging session in seconds without the need to open a mobile app or swipe an RFID or credit card, saving EV drivers time and helping to deliver a seamless and

EVgo and General Motors Activate Plug and Charge Across EVgo Network

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”), the nation's largest public fast charging network for electric vehicles (EVs), has been added to the broad-market Russell 3000® and Russell 2000® Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization. Members

EVgo Added to Russell 3000® and Russell 2000® Indexes

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that the company was selected for proposed awards for two new California Energy Commission (CEC) Reliable, Equitable, and Accessible Charging for multi-family Housing (REACH) grants totaling $3.6M. These funds will be used to deploy new high-powered direct current fast chargers (DCFC) near multi-fam

EVgo Selected by California Energy Commission for Proposed Awards of $3.6M in Grant Funding to Build More Fast Charging Infrastructure for Multi-Family Housing Residents

EVgo operates one of the largest networks of electric vehicle DC fast-chargers for public access and corporate customers. The growing market share of electric vehicles on the road supports accelerating demand for charging solutions as a bullish case for the stock.

Is EVgo Stock A Buy For The Long Term? Bullish Into EV Charging Tailwinds

Beam Therapeutics

Tesla

Stocks tied broadly to the electric vehicle charging industry, as listed today by Seeking Alpha, are shown by their Market-Maker-valued price range limits on 6/8/22 close prices. No comment necessary.

EV Industry Reward-Risk Map

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO, or the “Company”), the nation's largest public fast charging network for electric vehicles (EVs), today announced that members of its senior management team will be participating in investor conferences hosted by Bank of America, Evercore ISI, and JP Morgan during the month of June. In conjunction with the investor meetings at these conferences and elsewhere, EVgo has made available an updated investor presentation which will be accessible

EVgo to Participate in Investor Conferences

As electric vehicles continue to gain popularity, could these EV charging stocks bring you gains?

Top Stocks To Watch This Week? 4 Top EV Charging Stocks For Your Watchlist

Solid Power

Could EV charging stocks be a viable play as electric cars look to go mainstream?

4 Top Electric Vehicle Charging Stocks To Watch This Week

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), a first mover in fleet electrification and owner and operator of the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, and OSC~WEBco, a leading global provider of comprehensive, fully integrated solutions to the Federal Government announced today that they have been awarded participation in a new five-year Blanket Purchase Agreement (BPA) with the United States Genera

EVgo and OSC~WEBco Selected for Award for GSA Blanket Purchase Agreement Schedule

Orsted AS

General Electric

JinkoSolar Holding

Plug Power

Shoals Technologies Group

Invesco Solar ETF

These undervalued renewable energy stocks are changing hands for  incredibly attractive prices due to completely unfounded macro fears. The post 7 Most Undervalued Renewable Energy Stocks appeared first on InvestorPlace.

7 Most Undervalued Renewable Energy Stocks

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced the appointment of CyrusOne LLC Executive Vice President and Chief Financial Officer Katherine Motlagh as a director on the Board and the election of National Grid U.S. President Badar Khan at the 2022 Annual Meeting as a Class I Director. Katherine Motlagh's term as a director expires at the 2024 a

EVgo Announces Addition of Two New Board Members, Katherine Motlagh and Badar Khan

EVgo has multiple strong positive catalysts, and the $2.35 billion valuation of EVGO stock is very attractive at this point. The post Buy EVgo Stock Before It Becomes the Tesla of EV Charging Stations appeared first on InvestorPlace.

Buy EVgo Stock Before It Becomes the Tesla of EV Charging Stations

LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO), the nation's largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, and Cadillac, the first General Motors (GM) brand with plans to go all-electric, today announced a new commercial agreement to offer drivers of the 2023 Cadillac LYRIQ the option of two years of unlimited* public fast charging on EVgo's network. Cadillac worked with EVgo to develop the special charging offer as par

EVgo and Cadillac Join to Offer 2023 LYRIQ Customers Two Years of Unlimited Charging on EVgo Network

EVGO stock is down, but not out, as the EV charger manufacturer gets a high price target and shows a narrowing gross earnings loss. The post Muted Expectations Give EVgo Stock Holders a Nice Earnings Surprise appeared first on InvestorPlace.

Muted Expectations Give EVgo Stock Holders a Nice Earnings Surprise

EVGO stock missed on first quarter earnings today, but the federal infrastructure bill makes EV charging stocks pretty appealing. The post EVGo Still Looks Solid Despite an Earnings Miss appeared first on InvestorPlace.

EVGo Still Looks Solid Despite an Earnings Miss

EVgo, Inc. (NASDAQ:EVGO ) Q1 2021 Results Conference Call March 11, 2022 11:00 AM ET Company Participants Ted Brooks - Vice President of Investor Relations Cathy Zoi - Chief Executive Officer Olga Shevorenkova - Chief Financial Officer Conference Call Participants Maheep Mandloi - Credit Suisse Ryan Greenwald - Bank of America Andres Sheppard - Cantor Fitzgerald Bill Peterson - JP Morgan Oliver Huang - Tudor Pickering Holt Operator Greetings, and welcome to EVgo First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

EVgo, Inc. (EVGO) CEO Cathy Zoi on Q1 2021 Results - Earnings Call Transcript

EVgo reports a first-quarter loss of 21 cents a share from $7.7 million in sales. Wall Street was looking for a loss of 12 cents on sales of $8.8 million.

EVgo Misses Estimates. The Beaten-Up Stock Rises Anyway.

Shares of EVgo Inc. EVGO, -3.52% rallied 2.1% in premarket trading Wednesday, after the electric vehicle charging network company was an increase in adjusted profit and a doubling in adjusted gross margin in the first quarter, but reported revenue that came up short of expectations. The net loss widened to $55.3 million from $16.6 million, while the net loss attributable to shareholders was $14.4 million, or 21 cents a share.

News for EVgo Stock (EVGO)