Evolv Technologies Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Evolv Technologies Holdings

21/05/2025 18:23

Evolv Technologies Holdings Inc EVLV.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -9 cents.  The mean expectation of four analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.

Revenue rose 47.7% to $32.01 million from a year ago; analysts expected $27.99 million.

Evolv Technologies Holdings Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $1.69 million.

Evolv Technologies Holdings Inc shares had risen by 77.6% this quarter and gained 40.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.9% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Evolv Technologies Holdings Inc is $7.00

This summary was machine generated from LSEG data May 21 at 05:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.04
-0.02
Beat
Dec. 31 2024
-0.06
-0.03
Beat
Sep. 30 2024
-0.06
-0.04
Beat
Jun. 30 2024
-0.07
-0.06
Beat