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EVgo Inc. (NASDAQ:EVGO) shares are trading lower on Tuesday.
The company reported fourth-quarter loss per share of 11 cents, missing the analyst consensus estimate of 9 cents loss.
Quarterly sales of $67.51 million (up 35% year over year) missed the street view of $69.1 million.
Charging network revenue totaled $46.5 million in the fourth quarter, an increase of 73% year over year, while Network throughput reached 84 gigawatt-hours, an increase of 68%.
The company added more than 480 new operational stalls during the fourth quarter, ending the …
