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Evolv Technology Reports Strong Third Quarter Financial Results

November 10, 2021 4:05 PM EST

Company Raises Outlook for 2021

Q3 Total Contract Value (TCV) of $16.9 million, up 365% year-over-year Q3 Revenue of $8.4 million, up 473% year-over-year

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced financial results for its third quarter ended September 30, 2021 and raised its business outlook for 2021.

We are pleased to be reporting strong third quarter results highlighted by record revenues, accelerating channel activity and category defining new product innovations, said Peter George,... More