Evolv Technologies Holdings Inc reports results for the quarter ended in June - Earnings Summary

Evolv Technologies Holdings

10/08/2022 22:48

* Evolv Technologies Holdings Inc  EVLV.OQ  reported a
quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
June. The mean expectation of four analysts for the quarter was
for a loss of 13 cents per share.
    * Revenue rose 102.5% to $9.07 million from a year ago;
analysts
expected $6.54 million. 
    * Evolv Technologies Holdings Inc's reported EPS for the
quarter
was a loss of 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Evolv Technologies Holdings Inc shares had risen by 3.8%
this
quarter and lost 38.1% so far this year.
    * The company reported a quarterly loss of $25.69 million.
    * Wall Street's median 12-month price target for Evolv
Technologies Holdings Inc is $6.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 09:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.13          -0.12          Beat
 Mar. 31 2022      -0.12          -0.13          Missed
 Dec. 31 2021      -0.10          0.02           Beat
 Sep. 30 2021      -0.10          0.16           Beat