EVgo Raises FY25 Revenue Outlook to $350M-$380M, Adjusted EBITDA to $5M-$10M

EVgo expects FY25 revenue of $350M-$380M, slightly above consensus of $353M. The company also sees FY25 adjusted EBITDA of (5M)-$10M.

EVgo Inc. (EVGO) reported its second-quarter (Q2) 2025 earnings, revealing a quarterly loss of $0.1 per share, which surpassed the Zacks Consensus Estimate of $0.13 [1]. This marks a significant improvement over the same period last year, where the company posted a loss of $0.1 per share. The company's revenue for the quarter ended June 2025 was $98.03 million, exceeding the Zacks Consensus Estimate by 13.80% [1].

Key Metrics:
- Revenue: $98.03 million, up 47.2% year-over-year (YoY) [2].
- EPS: -$0.10, down from -$0.10 a year ago.
- Network Throughput: 88 versus the two-analyst average estimate of 98 [2].
- Total Stalls in Operation: 4,350 versus the two-analyst average estimate of 4,437 [2].

EVgo's performance in Q2 highlights a trend of exceeding consensus estimates over the last four quarters. The company's revenue and EPS have consistently topped analyst expectations, suggesting robust operational performance.

Looking Ahead:
EVgo expects fiscal year (FY) 2025 revenue to be in the range of $350M-$380M, slightly above the consensus of $353M [1]. The company also sees adjusted EBITDA for FY25 to be in the range of -$5M to -$10M.

Investors should keep an eye on the earnings call for insights into the company's future performance and management's commentary on the quarter's results. The stock's immediate price movement will largely depend on these factors.

The Zacks Rank for EVgo is currently #3 (Hold), indicating that the stock is expected to perform in line with the broader market in the near term [1]. However, the company's earnings outlook and estimate revisions will be crucial in determining the stock's future performance.

References:
[1] https://www.nasdaq.com/articles/evgo-inc-evgo-reports-q2-loss-beats-revenue-estimates
[2] https://www.nasdaq.com/articles/compared-estimates-evgo-evgo-q2-earnings-look-key-metrics