EVgo EVGO Q4 2022 earnings 2023 guidance


U.S. Secretary of Transportation Pete Buttigieg looks at an EVgo charging station during an electric vehicles event outside of the Department of Transportation October 20, 2021 in Washington, DC.

Drew Angerer | Getty Images

EV charging network operator EVgo on Thursday reported fourth-quarter revenue that beat Wall Street expectations and posted a narrower-than-expected loss as booming demand from business clients drove big jumps in sales and usage.

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 20% in early trading following the news.

Here are the key numbers from EVgo’s fourth-quarter earnings

Source cnbc.com

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