EVgo Q4 Loss Narrower Than Expected, Revenues Rise Y/Y

EVgo (EVGO) reported a fourth-quarter 2024 loss of 11 cents per share, narrower than the Zacks Consensus Estimate of a loss of 15 cents, as well as the year-ago period’s loss of 12 cents per share. Revenues of $67.5 million missed the Zacks Consensus Estimate of$69 million but increased 35% on a year-over-year basis due to strong growth in charging network revenues.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Key Q4 HighlightsEVgo recorded a network throughput of 84 gigawatt-hours ...