Evolv Technology (EVLV) Tops Q3 EPS by 1c

Go back to Evolv Technology (EVLV) Tops Q3 EPS by 1c

Evolv Technology Reports Record Third Quarter Financial Results

November 9, 2022 4:05 PM EST

Company Raises Outlook for 2022

Q3 Revenue of $16.5 million, up 96% year-over-year Q3 Ending ARR of $28.7 million, up 189% year-over-year Q3 Ending RPO of $109.4 million, up 220% year-over-year Q3 Ending Evolv Express® subscriptions of 1,692, up 198% year-over-year

WALTHAM, Mass.--(BUSINESS WIRE)--

Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced financial results for its third quarter ended September 30, 20221 and raised its business outlook for 2022.

Were... More