EVgo (EVGO)
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3 Penny Stocks to Buy Now: May 2024
investorplace.com· 2024-05-24 10:18
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 ...
The 3 Best Bargain Stocks to Buy in May 2024
InvestorPlace· 2024-05-09 10:01
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 ...
EVgo (EVGO) - 2024 Q1 - Quarterly Report
2024-05-07 20:06
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 (EVGO) - 2024 Q1 - Earnings Call Transcript
2024-05-07 19:55
Badar Khan Hi, Chris. Chris Dendrinos Good morning. Thank you. Hi. I guess I wanted to dial in a little bit into the operations side of things and maybe to start here. On the throughput, it looked like maybe December, I want to say, was around 201 and so the implied on the quarter was a bit lower on the kilowatt hours per day. Can you just talk about the dynamics there? Is there any sort of seasonality going on or how should we kind of think about, I guess, throughput growth going forward? Badar Khan Yes, C ...
EVgo Inc. (EVGO) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-07 13:16
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 ...
EVgo (EVGO) - 2024 Q1 - Quarterly Results
2024-05-07 12:09
Exhibit 99.1 EVgo Inc. Reports Record First Quarter 2024 Results ● Revenue reached a record $55.2 million in the first quarter, representing an increase of 118 % year-over-year. ● Network throughput reached a record 53 gigawatt-hours (“GWh”) in the first quarter, an increase of 194% year-over-year. ● Added 250 new operational stalls during the first quarter, including EVgo eXtend™ stalls. ● Ended the first quarter with approximately 3,780 stalls in operation or under construction, including EVgo eXtend™ sta ...
What Does Expanded Plug & Charge Actually Mean for EVgo (EVGO) Stock?
InvestorPlace· 2024-04-10 15:27
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 ...
EV Exodus: 3 Electric Car Stocks to Ditch Before the Crash
InvestorPlace· 2024-04-08 17:54
U.S. equities have continued to trend downward as investors and market analysts reassess the prospects of a market crash. As of last Friday, the S&P 500 has increased by 9.11% on a year-to-date (YTD) basis, while the Nasdaq has risen 6.91%. These figures are well below where the indices had risen after Q1 wrapped: both had risen above 10% for the year. The burgeoning electric vehicle (EV) market has also seen better days. Slower sales growth and price wars have impacted many EV stocks to buy. The Global X A ...
Contrarian's Delight: 3 Stocks to Scoop Up Amid the EV Demand Slump
InvestorPlace· 2024-04-05 10:33
EV demand in the U.S. is being weighed down by high interest rates and consumers’ increased preference for hybrid vehicles. Still, the number of EV sales continues to climb year-over-year and, according to Barron’s, EVs’ share of the overall U.S. auto market even increased slightly in Q1 to 7%. Moreover, the recent increases in oil prices, along with the U.S. Federal Reserve’s upcoming rate cuts, should cause the demand for EVs to increase going forward. So for the U.S. EV market, it’s very much a case of d ...
EVgo (EVGO) - 2023 Q4 - Annual Report
2024-03-06 21:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 jurisdiction of in ...