Evolv Technologies Holdings

Evolv Technologies Holdings, Inc. engages in the manufacture and development of security screening products. It also provides artificial intelligence-based security screening solutions for industries including casinos, industrial workplaces, schools, and ticketed venues. The company was founded by Anil R. Chitkara and Michael Philip Ellenbogen in July 2013 and is headquartered in Waltham, MA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Evolv Technologies achieves record growth in Q4, eyes subscription model

Evolv Technologies delivered a strong performance in Q4 2022, setting records in revenue, ARR, and RPO. The company's strategic focus on doubling ARR in 2023, transitioning to a subscription model, and enhancing gross margins positions it for continued success.

Evolv Technologies excels in Q1, eyes doubling ARR in 2023

Evolv Technologies delivered strong financial performance in Q1 2023, with significant revenue growth and a focus on profitability through a subscription model transition.
The company's strategic partnerships, market adoption, and improved sales cycle present opportunities for sustained growth and margin expansion in the future.
While challenges like regional focus and cash management exist, Evolv's solid performance and outlook indicate a promising trajectory for investors and stakeholders.

Evolv Technologies (EVLV) doubles down on growth prospects post-record Q2

Evolv Technologies Holdings (EVLV) delivered a robust performance in Q2, showcasing record revenue, ARR, and RPO. The company is confident in its growth trajectory, emphasizing a transition to a subscription model and strong pipeline development.

Evolv Technologies reports robust Q3 results, eyes growth opportunities

Evolv Technologies exhibited strong financial performance and customer growth in Q3, with a positive outlook for revenue and EBITDA.
Despite challenges with distributors and marketing inquiries, the company remains confident in its technology and customer relationships.
The focus on innovation, customer service, and global safety positions Evolv well for continued growth and market leadership.

Evolv Technologies posts record Q4 results, eyes growth opportunities

Evolv Technologies demonstrated robust financial performance in Q4 2023, with strong revenue growth, customer acquisitions, and innovative product introductions.
While facing challenges in achieving EBITDA positivity and managing regulatory inquiries, the company is strategically positioned to leverage growth opportunities in market expansion and security enhancement.
By focusing on partnerships, distribution, and product innovation, Evolv aims to tap into new verticals, drive revenue growth, and achieve positive EBITDA without additional capital.
Overall, Evolv Technologies' Q4 results and strategic outlook indicate a promising trajectory towards sustainable growth and market leadership in security solutions.

Evolv Technologies posts strong Q1 results, eyes $100M ARR by 2024

Evolv Technologies delivered robust financial results in Q1 2024, showcasing growth in revenue, ARR, and customer base. Despite challenges in the sales cycle, the company's strategic initiatives and market position present promising opportunities for future expansion and innovation.

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WALTHAM, Mass.--(BUSINESS WIRE)--Georgia Aquarium has partnered with Evolv Technology (NASDAQ: EVLV), a leader in weapons detection screening, to improve weapons detection and the overall guest experience by using Evolv Express®, Evolv's award-winning screening solution, at the largest aquarium in the United States. As a result of the partnership, the Aquarium has seen a 15% increase in guest experience scores, while shrinking the security system lobby footprint by 50% and reallocating half of

Georgia Aquarium Improves Security and Transforms Guest Experience with Evolv Technology

WALTHAM, Mass.--(BUSINESS WIRE)--Pittsburgh Cultural Trust has partnered with Evolv Technology (NASDAQ:EVLV), the leader in weapons detection security screening, to improve weapons detection and the overall guest experience, by using Evolv Express®, Evolv's award-winning screening solution, across multiple theaters, performance halls, galleries, and other venues in Pittsburgh, Pennsylvania's historic 14-block entertainment district – locally known as the Cultural District. After nearly 18 month

Evolv Technology Partnership Enables Pittsburgh Cultural Trust to Welcome Guests Back With Enhanced Security and Seamless Experience

WALTHAM, Mass.--(BUSINESS WIRE)--The Sarasota County Agricultural Fair Association has partnered with Evolv Technology (NASDAQ: EVLV), a leader in weapons detection screening, to improve security by using Evolv Express®, Evolv's award-winning screening solution, at the annual Sarasota County Agricultural Fair. The fair, which is a 10-day event each March, sees more than 140,000 visitors each year. As a result of the partnership, the association has been able to eliminate crowded security lines

In Aftermath of Shooting, Sarasota County Agricultural Fair Association Turns to Evolv Technology for Security

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced that it will release financial results for the third quarter of 2021 on Wednesday, November 10, 2021, after the market closes. Members of the Company's management team plan to host a live conference call and webcast at 4:30 p.m. Eastern Time on that day to discuss the financial results as well as management's outlook for the business. The conference call m

Evolv Technology to Release Third Quarter Financial Results on November 10, 2021

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced further advancements to Evolv Insights™, the company's powerful SaaS-based analytics dashboard that provides security and operations professionals the ability to comprehensively review, analyze and collect valuable data on-demand from the Evolv Express® system to prevent mass casualties. With vaccination rates continuing to increase, more venues are welcom

Evolv Technology Makes Security Smarter and More Proactive to Safely Reopen Venues

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, announced today that it has screened more than 100 million individuals, second only to the U.S. Department of Homeland Security's Transportation Security Administration (TSA). The milestone comes on the heels of a series of new customer acquisitions and organizational achievements, as well as impressive financial results revealed in its second quarter earnings announcemen

Evolv Technology Screens More Than 100M People

BOSTON--(BUSINESS WIRE)--Boch Center announced today it will be utilizing the world's leading weapons detection screening solution as it reopens its doors for the first time since closing in March 2020 due to the COVID-19 pandemic. Wang Theatre, a venue operated as part of Boch Center, will open Saturday, September 18th, featuring four-time Grammy winner Jason Isbell and the 400 Unit. The screening solution, Evolv Express® from Evolv Technology, uses advanced sensors and artificial intelligence

Boch Center Using Modern Security to Improve Safety and Experience for Patrons as Venue Reopens

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced the appointment of Betsy Fallon to a newly created global position, Vice President of Customer Success. Betsy's role will enable the fast-growing base of customers to continue to thrive in partnership with Evolv, during the company's next level of growth. Evolv's innovative technology has excelled in large part due to the deep qualitative feedback customer

Evolv Technology Appoints Betsy Fallon Vice President of Customer Success

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, has been named New Product of the Year in the Pedestrian Security Entrances category by Security Today. Each year, The Security Today New Product of the Year Award honors the outstanding product development achievements of security equipment manufacturers whose products are considered to be particularly noteworthy in their ability to improve security. “We are thrilled to

Evolv Express® Named a 2021 New Product of the Year by Security Today

Evolv Technologies Holdings' (EVLV) CEO Peter George on Q2 2021 Results - Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced that it will release financial results for the second quarter ended June 30, 2021 on Monday, August 16, 2021, after the market closes. Members of the Company's management team plan to host a live conference call and webcast at 4:30 p.m. Eastern Time on that day to discuss the financial results as well as management's outlook for the business. The conferenc

Evolv Technology to Release Second Quarter Financial Results on August 16, 2021

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the global leader in weapons detection security screening, today announced the appointment of Brian Norris to the newly created position of Vice President of Investor Relations. Based at the company headquarters in Waltham, Mass., Norris will be responsible for leading the company's global investor relations program and its relationships with the investment community. “Brian brings a proven 20-year track record in leading finance

Evolv Technology Appoints Brian Norris Vice President of Investor Relations

NewHold Investment Corp II

WALTHAM, Mass. & NEW YORK--(BUSINESS WIRE)--In the 4th subhead bullet as well as in the 3rd sentence of the "About Evolv Technology" boilerplate the two mentions of Cascade Asset Management Company should now read Bill Gates. The updated release reads: EVOLV TECHNOLOGY PUBLICLY LISTED ON THE NASDAQ UNDER SYMBOL EVLV NewHold Investment Corp. and Evolv Technology Complete Business Combination Evolv is the global leader in weapons detection security screening, dedicated to making the world a safer

CORRECTING and REPLACING Evolv Technology Publicly Listed on the NASDAQ Under Symbol EVLV

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