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.
Earnings
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.
Past Earnings Performance
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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