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Add as a preferred source on GoogleEVgo Cuts 2026 Revenue Outlook After Mixed Third-Quarter Results
The new total revenue range is $375 million to $400 million, down from the prior $410 million to $470 million forecast.
EVgo cut its 2026 total revenue outlook after third-quarter results showed gains in charging-network revenue alongside declines in total revenue and a wider net loss. The company now expects total revenue of $375 million to $400 million, down from its previous range of $410 million to $470 million.
EVgo released its third-quarter results Monday, Nov. 9. Charging-network revenue rose 29% year over year, while total revenue fell 1% and net loss widened 74%. Adjusted EBITDA loss narrowed 29%.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.