EVgo Reaffirms 2024 Revenue Guidance Of $220M-$270M
Portfolio Pulse from Benzinga Newsdesk
EVgo has reaffirmed its revenue guidance for 2024, projecting revenues to be in the range of $220 million to $270 million. This announcement confirms the company's previous forecasts and indicates confidence in its future financial performance.
May 07, 2024 | 11:06 am
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EVgo has reaffirmed its 2024 revenue guidance, projecting $220M-$270M, indicating a positive outlook on its financial performance.
Reaffirming revenue guidance, especially in the higher range, typically instills confidence among investors and can lead to a positive short-term impact on the stock price. It signals that the company is on track to meet or exceed its financial targets, which is a positive indicator of its operational and financial health.
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