EVgo's revenue surged over 283% from a year ago as a new initiative to provide chargers for businesses boomed.
EVgo reported fourth-quarter revenue that beat Wall Street estimates, and a narrower loss than expected, as demand for chargers from business clients boomed.
While EVgo's revenue guidance for 2023 fell slightly short of Wall Street's expectations, investors didn't seem to mind: Shares were up over 8% in premarket trading following the news., compared with Wall Street consensus estimates as reported by Refinitiv.$27.3 million, versus $21.8 million expected.
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