Recap: Evolv Technologies Q1 Earnings

Evolv Technologies EVLV reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Evolv Technologies beat estimated earnings by 20.0%, reporting an EPS of $-0.12 versus an estimate of $-0.15.

Revenue was up $9.87 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 11.81% increase in the share price the next day.

Here's a look at Evolv Technologies's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.14	-0.13	-0.13	-0.12
EPS Actual	-0.12	-0.13	-0.12	-0.13
Revenue Estimate	12.92M	7.16M	6.54M	5.26M
Revenue Actual	20.89M	16.53M	9.07M	8.71M

To track all earnings releases for Evolv Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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