EVgo reports Q3 EPS (9c) vs. (11c) last year

Reports Q3 revenue $92.3M, consensus $91.77M. “EVgo (EVGO) delivered another quarter of record charging network revenue, underscoring the strength of our business model and growing consumer demand for fast charging,” said Badar Khan, EVgo’s CEO. “Looking ahead to the fourth quarter, we expect to bring a substantial number of new charging stations online across the U.S., expanding charging options and convenience for EV drivers nationwide. We anticipate an inflection point toward positive Adjusted EBITDA supported by a fully financed growth plan. With operating leverage, we expect accelerated profitability growth and sustained value creation.”