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Sep 30, 2021
EVgo Q3 2021 Earnings Report
EVgo experienced revenue growth, network throughput, and customer accounts.
Key Takeaways
EVgo reported a revenue increase of 29% quarter-over-quarter, reaching $6.2 million, and network throughput grew by 31% quarter-over-quarter, reaching 8.0 GWh. Total customer accounts grew to more than 310,000.
Revenue increased to $6.2 million, a 29% quarter-over-quarter growth.
Network throughput reached 8.0 GWh, a 31% quarter-over-quarter growth.
Total customer accounts grew to more than 310,000.
Launched a comprehensive customer loyalty scheme and new pricing programs.
Forward Guidance
EVgo is increasing its full-year 2021 guidance and expects to deliver 280-320 newly operational stalls.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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