Evolv Technology (EVLV) Tops Q2 EPS by 2c; Offers FY23 Revenue Guidance

Go back to Evolv Technology (EVLV) Tops Q2 EPS by 2c; Offers FY23 Revenue Guidance

Evolv Technology Reports Record Second Quarter Financial Results

August 10, 2023 4:05 PM EDT

Company Raises Outlook for 2023

Q2 Revenue of $19.8 million, up 119% year-over-year Q2 Ending ARR1 of $54.3 million, up 160% year-over-year Q2 Ending RPO2 of $198.3 million, up 145% year-over-year Q2 Ending Evolv Express® subscriptions of 3,386, up 195% 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 the quarter ended June 30, 2023 and raised its business outlook for 2023.

Results for the Second Quarter of... More