EVgo reports Q2 EPS (10c), consensus (9c)

Reports Q2 revenue $66.6M, consensus $59.37M…Charging network revenue totaled $36.4M in the second quarter, an increase of 146% year-over-year, representing the 7th sequential quarter of double-digit charging revenue growth. “EVgo delivered yet another quarter of great financial and operating results, including the 7th sequential quarter of double-digit charging revenue growth,” said Badar Khan, EVgo’s CEO. “We are seeing continual record demand in the industry, which we are well situated to capture given our position as an owner operator and as evidenced by the tremendous growth in throughput and new customer accounts. We look forward to continuing to execute on our strategic priorities and building the critically important, fast charging, OEM-agnostic infrastructure necessary to deliver an excellent customer experience for EV drivers across the nation. We are confident this momentum will result in strong returns for our shareholders.” files to sell common stock, no amount given