Evolv Technology (EVLV) Tops Q3 EPS by 4c

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Evolv Technology Reports Record Third Quarter Financial Results

November 9, 2023 4:05 PM EST

Company Reaffirms Previously Raised Outlook for 2023 and Issues Outlook for 2024 Above Street Consensus

Q3 Revenue of $20.2 million, up 22% year-over-year Q3 Ending ARR1 of $65.8 million, up 129% year-over-year Q3 Ending RPO2 of $221.1 million, up 102% year-over-year Q3 Ending Evolv Express® subscriptions of 4,014, up 137% 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 September 30, 2023, reaffirmed its previously raised... More