EVgo (EVGO) Misses Q1 EPS by 8c
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EVgo Inc. Reports First Quarter 2022 Results
May 11, 2022 7:00 AM EDTRevenue of $7.7 million in the first quarter of 2022, representing an increase of 86% year-over-year Network throughput of 8.0 Gigawatt-hours (GWh) in the first quarter of 2022, representing an increase of 95% year-over-year Gross loss of $0.6 million in the first quarter of 2022, as compared to a gross loss of $1.7 million in the first quarter of 2021 Adjusted gross profit increased to $2.9 million in the first quarter of 2022, showing an adjusted gross margin of 37% Ended the quarter with 2,110 stalls in operation or under construction, representing 129 new stalls in operation during the quarter, exclusive of retirements Customer accounts... More
