EVgo Shares Rise as Q1 Revenue Beats Estimate; Reaffirms 2025 Revenue Outlook

MT Newswires Live

May 07, 2025

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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Analysts expect $351 million.</p><p>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.</p><p>Price: 3.65, Change: +0.88, Percent Change: +31.77</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EVGO","symbol_name":"EVgo Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2533665603","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533665603","pubTimestamp":1746556886,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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