EVGO - Why EV Charging Firm EVgo Shares Are Surging Today | Benzinga
EVgo, Inc. (NASDAQ:EVGO) shares are trading higher after the company reported fourth-quarter FY23 results.
Revenue rose 83% Y/Y to $50.0 million, beating the analyst consensus of $44.0 million.
Network throughput reached 50 gigawatt-hours (GWh) in the fourth quarter, up 257% Y/Y.
The company ended 2023 with approximately 3,550 stalls in operation or under construction, including EVgo eXtend stalls, with over 260 new operational stalls added in the quarter.
EVgo added over 110,000 new customer accounts in the quarter, bringing the overall ...