08:34 AM EST, 11/12/2024 (MT Newswires) -- EVgo ( EVGO ) reported a Q3 net loss Tuesday of $0.11 per diluted share, compared with a loss of $0.09 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.11.

Revenue for the quarter ended Sept. 30 was $67.5 million, up from $35.1 million a year earlier.

Analysts surveyed by Capital IQ expected $66 million.

The company raised the midpoint of its full-year 2024 revenue guidance with an updated range of $250 million to $265 million, from the previous range of $240 million to $270 million. Analysts surveyed by Capital IQ expect $258.1 million.

EVgo ( EVGO ) shares were up 21% in premarket activity Tuesday.

Price: 6.40, Change: +1.00, Percent Change: +18.56