Shares of EVgo (EVGO) experienced an impressive 14.21% gain in pre-market trading on Tuesday, 5th August 2025, closing at $4.03 from the previous day’s closing price of $3.53.
This surge was primarily driven by the company’s Q2 2025 financial reports, released before the market opened. EVgo reported a steady loss per share of $0.1, matching the same figure from the previous year.
However, the company recorded a remarkable revenue increase of 47.21% from Q2 2024, reporting $98.03 million for the quarter, significantly surpassing market estimates of $86.11 million.
The earnings loss of $0.1 per share was also in line with market expectations, adding to the positive market sentiment for EVgo.
