EVgo Reports Q3 Revenue Miss and Lowers 2026 Guidance
EVgo (NASDAQ: EVGO) shares fell approximately 3% following the release of third-quarter financial results that missed analyst expectations. While the company saw growth in its core charging business, total quarterly revenue declined 1% year-over-year to $91.42 million. The downward pressure on the stock was further compounded by management's decision to trim its full-year 2026 outlook. This guidance adjustment suggests a more cautious long-term growth trajectory for the electric vehicle charging provider despite current operational activity.
Tickers: $EVGO
Topics: earnings miss EV charging guidance downgrade revenue decline