NEWS ER
EVgo Inc. Reports Record Third Quarter 2024 Results
Positive
Record revenue of $67.5 million, up 92% YoY
Network throughput increased 111% YoY to 78 GWh
Customer base grew 57% YoY to 1.2 million accounts
$1.05 billion DOE conditional loan commitment secured
Raised 2024 revenue and Adjusted EBITDA guidance
Successfully sold 2023 30C tax credits for $11.0 million
Record revenue of $67.5 million, up 92% YoY
Network throughput increased 111% YoY to 78 GWh
Customer base grew 57% YoY to 1.2 million accounts
$1.05 billion DOE conditional loan commitment secured
Raised 2024 revenue and Adjusted EBITDA guidance
Successfully sold 2023 30C tax credits for $11.0 million
Negative
Net loss of $33.3 million, increased 18% YoY
Negative Adjusted EBITDA of $8.9 million
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Spread kindness and love. Life is short. Don’t let greed eat you.
2880Followers
108Following
30KVisitors
Follow
Credible Commerce : Hope we can get back above $7