Evolv Technology (EVLV) Reports Prelim Q3 Revenue of $19.3-$19.8M, Other Metrics

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Evolv Technology Announces Preliminary Results for Third Quarter 2023

October 12, 2023 7:03 AM EDT

Company Raises Outlook for 2023

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced preliminary financial results for the quarter ended September 30, 2023. The Company will report final financial results on November 9, 2023 after the market closes.

Preliminary Results for the Third Quarter of 2023

Based on preliminary third quarter estimates which are subject to change, the Company currently expects:

Total revenues to range between $19.3 million to $19.8 million Q3 ending ARR1 to range between $65.5... More