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flag EVgo's stock jumps over 30% after reporting record revenue and expanding charging network.

flag EVgo's stock surged over 30% on Tuesday, following the company's report of record quarterly revenue, which rose 36% year-over-year to $75.3 million, beating analyst expectations. flag The company also installed 180 new charging stalls, bringing the total to 4,240. flag Despite an adjusted operating loss of $5.9 million, EVgo reaffirmed its plan to reach up to $10 million in annual EBITDA. flag The stock's rise comes amid a six-month decline, with shares nearly halved. flag Investors are optimistic about EVgo's future profitability amid growing EV adoption.

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