Justin Paget Investment Summary My recommendation for EVgo, Inc. (NASDAQ:EVGO) is a buy rating. EVGO provides investors with an avenue to gain exposure to the long-term growth of electric vehicle adoption without bearing the risk of choosing which OEM is the best. Since EVGO operates the underlying charging stations, it benefits directly from industry growth. Notably, it has attractive growth tailwinds that can drive faster growth than the EV industry. Business Overview EVGO EVGO owns and operates a public ...

EVgo Inc. (EVGO) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this company would post a loss of $0.11 per share when it actually produced a loss of $0.09, delivering a surprise of 18.18%. Over the last four quarters, the company has surpassed con ...

About this content Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, an ...

Some believe that the Street always values companies more or less correctly and is never completely wrong about companies' outlooks. But history shows this concept is completely incorrect. In the last few years, the Street massively underestimated the value of two stocks that large investors completely overlooked: Super Micro Computer (NASDAQ:SMCI) and American Superconductor (NASDAQ:AMSC). Here are three overlooked small-cap stocks that can similarly become beloved by the Street. Given Redwire's strong pos ...

Penny stocks to buy carry a considerable amount of risk. That's why we include the disclaimer at the tail-end of this article. It's also why the Securities & Exchange Commission warns: "Penny stocks may trade infrequently — which means that it may be difficult to sell penny stock shares once you have them. Because it may also be difficult to find quotations for penny stocks, they may be impossible to accurately price. Investors in penny stock[s] should be prepared for the possibility that they may lose thei ...

There are several types of bargain stocks available to buy in the stock market. There are, of course, traditional bargain stocks with very low valuations and an average growth rate. Then we have stocks with run-of-the-mill or even above-average valuations, paired with rapid growth. Finally, there are firms that have powerful, upcoming catalysts and low valuations. Sometimes the latter companies may have high price-earnings and/or elevated price-to-sales ratios. But their market capitalizations are low in li ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39572 EVgo Inc. (Exact name of registrant as specified in its charter) Delaware 85-2326098 (State or other ju ...

EVgo Inc. (EVGO) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.18%. A quarter ago, it was expected that this company would post a loss of $0.22 per share when it actually produced a loss of $0.12, delivering a surprise of 45.45%.Over the last four quarters, the company has surpassed cons ...

Exhibit 99.1 EVgo Inc. Reports Record First Quarter 2024 Results Los Angeles – May 7, 2024 – EVgo Inc. (Nasdaq: EVGO) ("EVgo" or the "Company") today announced results for the first quarter ended March 31, 2024. Management will host a conference call today at 11:00 a.m. ET / 8:00 a.m. PT to discuss EVgo's results and other business highlights. Business Highlights 1 ● Revenue reached a record $55.2 million in the first quarter, representing an increase of 118 % year-over-year. ● Network throughput reached a ...

Charging electric vehicles (EVs) in the U.S. is about to get easier. EV charging company EVgo (NASDAQ:EVGO) just announced that it will be expanding its Autocharge+ program to 50 EVs with Plug & Charge capabilities.What does this mean? Well, anyone with an EV falling into that category will be able to simply pull up, plug in and “skip the time required to access an app, credit card, or RFID.”This development hasn’t boosted EVGO stock yet today. However, that doesn’t mean investors shouldn’t pay attention to ...