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

Evolv Technologies Holdings

10/05/2023 22:03

* Evolv Technologies Holdings Inc  EVLV.OQ  reported a
quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
March. The mean expectation of five analysts for the quarter was
for a loss of 15 cents per share.
    * Revenue rose 113.2% to $18.58 million from a year ago;
analysts
expected $15.95 million. 
    * Evolv Technologies Holdings Inc's reported EPS for the
quarter
was a loss of 20 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.2%
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 31.1%
this
quarter and gained 57.9% so far this year.
    * The company reported a quarterly loss of $28.61 million.
    * Wall Street's median 12-month price target for Evolv
Technologies Holdings Inc is $5.70 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:03 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.15          -0.12          Beat
 Dec. 31 2022      -0.14          -0.12          Beat
 Sep. 30 2022      -0.13          -0.13          Met
 Jun. 30 2022      -0.13          -0.12          Beat