EVgo Inc Class A
EVGO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|B%n&@k | LOCK|T< | LOCK|qRMb>&& |
EVgo Earnings: Solid Results, but Closing of Government Loan Is Bigger Item to Watch
EVgo's third-quarter revenue jumped 92% year over year to $68 million driven by a 111% increase in throughput. Revenue guidance for 2024 was increased 1% at the midpoint, while adjusted EBITDA loss was decreased by 10% relative to prior guidance.
