Evolv Technology (EVLV) Misses Q1 EPS by 1c

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Go back to Evolv Technology (EVLV) Misses Q1 EPS by 1c

Evolv Technology Reports Strong First Quarter Financial Results

May 11, 2022 4:05 PM EDT

Company Reaffirms Outlook for 2022  

Q1 Revenue of $8.7 million, up 118% year-over-year Q1 Ending ARR of $16.6 million, up 207% year-over-year Q1 Ending Evolv Express® subscriptions of 910, up 227% year-over-year

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), a global leader in weapons detection security screening, today announced financial results for its first quarter ended March 31, 2022 and reaffirmed its business outlook for 2022.

Were pleased to report solid first quarter results which were highlighted by strong... More