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

Evolv Technologies Holdings

10/08/2023 22:02

* Evolv Technologies Holdings Inc  EVLV.OQ  reported a
quarterly
adjusted loss of 10 cents​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for a loss of 11 cents per share.
    * Revenue rose 118.6% to $19.83 million from a year ago;
analysts
expected $14.28 million. 
    * Evolv Technologies Holdings Inc's reported EPS for the
quarter
was a loss of 45 cents​.
    * The mean earnings estimate of analysts was unchanged 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 0.8%
this
quarter and gained 133.6% so far this year.
    * The company reported a quarterly loss of $66.75 million.
    * Wall Street's median 12-month price target for Evolv
Technologies Holdings Inc is $7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.11          -0.10          Beat
 Mar. 31 2023      -0.15          -0.12          Beat
 Dec. 31 2022      -0.14          -0.12          Beat
 Sep. 30 2022      -0.13          -0.13          Met