EV charging stocks are getting popular as the EV market is expanding. With the Q4 Results in, see how EVgo and ChargePoint fare in the race for growth and profitability.
EVGO's fourth-quarter 2024 results reflect a narrower loss, 35% revenue growth YoY and a significant boost in charging network revenues.
EVgo Inc. (EVGO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.12 per share a year ago.
EVgo reports a fourth-quarter Ebitda loss of $8.4 million from sales of almost $68 million. Wall Street was looking for an Ebitda loss of about $8.7 million on sales of $69 million.
EVgo, Inc. (NASDAQ:EVGO ) Q4 2024 Earnings Conference Call March 4, 2025 8:00 AM ET Company Participants Heather Davis - Vice President, Investor Relations Badar Khan - Chief Executive Officer Paul Dobson - Chief Financial Officer Conference Call Participants Bill Peterson - JPMorgan Chris Dendrinos - RBC Capital Markets Douglas Dutton - Evercore ISI Gabe Daoud - TD Cowen Patrick Ouellette - Stifel William Grippin - UBS Chris Pierce - Needham Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
EVgo Inc EVGO will be reporting its fourth-quarter earnings on Tuesday. Wall Street expects a loss of 9 cents a share and $69.10 million in revenues as the company reports before market hours.
Electric vehicle sales were skyrocketing in the United States for a decade. Then, in 2023, this growth stalled out.
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), one of the nation's largest public fast charging networks for electric vehicles (EVs), today announced that it will release its fourth quarter and full year 2024 financial results on Tuesday, March 4, 2025. This release will be followed by a webcast hosted by members of the EVgo management team at 8 a.m. ET (5 a.m. PT). EVgo Fourth Quarter and Full Year 2024 Webcast When: Tuesday, March 4, 2025 Time: 8 a.m. ET (5.
EV charging stocks should be thriving this year as the number of electric vehicles in the United States jump. Americans bought about 1.4 million EVs in 2024, a trend that may keep growing in the coming years.
In this video, Motley Fool contributor Jason Hall explains why EV charging station company EVgo (EVGO -7.49%) stock has a shot at being a market beater, but there are serious reasons why the odds are not favorable.