EVgo (EVGO) shares were up nearly 34% in recent Tuesday trading after Q1 revenue topped estimates.
The company reported Q1 GAAP loss of $0.09 per diluted share, unchanged from a year earlier.
Analysts polled by FactSet expected a loss of $0.08.
Revenue for the quarter ended March 31 was $75.3 million, up from $55.2 million a year earlier.
Analysts surveyed by FactSet expected $71.5 million.
The company reiterated its full year 2025 revenue guidance of $340 million to $380 million. Analysts expect $351 million.
A strong balance sheet and "owner-operator" model position the company to match the growing demand for fast-charging infrastructure as it expects to be "minimally impacted by tariffs," according to CEO Badar Khan.
Price: 3.65, Change: +0.88, Percent Change: +31.77
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