Recap: Evolv Technologies Q3 Earnings

Evolv Technologies (NASDAQ:EVLV) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s what…

Evolv Technologies (NASDAQ:EVLV) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Evolv Technologies beat estimated earnings by 11.11%, reporting an EPS of $-0.08 versus an estimate of $-0.09.

Revenue was up $3.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 31.22% increase in the share price the next day.

Here’s a look at Evolv Technologies’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.11 -0.15 -0.14 -0.13
EPS Actual -0.10 -0.12 -0.12 -0.13
Revenue Estimate 14.28M 15.95M 12.92M 7.16M
Revenue Actual 19.82M 18.58M 20.89M 16.53M

To track all earnings releases for Evolv Technologies visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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