EVgo (EVGO) Tops Q3 EPS by 17c
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EVgo Inc. Reports 2021 Third Quarter Results
November 10, 2021 7:00 AM ESTRevenue increase of 29% quarter-over-quarter as retail and fleet segments realized solid activity increases over the second quarter of 2021 Network throughput rose to an all-time high of 8.0 Gigawatt-hours (GWh), a 31% increase over the second quarter of 2021 Gross loss of ($1.7) million, compared to ($1.7) million in the prior quarter, with gross margin of (27%) compared to (35%) in the prior quarter Adjusted gross profit of $1.4 million, up from $1.0 million in the prior quarter with adjusted gross margin expanding to 22.2% from 21.4% in the prior quarter Ended third quarter of 2021 with total cash and cash equivalents of $521... More
