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Evolv Technologies Holdings Inc EVLV

Technology Scientific & Technical Instruments
Evolv Technologies Holdings, Inc. is a security technology company. The Company is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its touchless security screening solutions use AI software, software-as-a-service (SaaS) cloud services, and advanced sensors to reliably detect weapons that could be a threat to a crowd of visitors while significantly reducing nuisance alarms from harmless personal items. Its flagship product is Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows. Evolv Express supports a maximum screening throughput of approximately 4,000 people per hour. It sells its solutions under two primary sales models. Evolv Technology, Evolv Express, Evolv Insights, Evolv Cortex AI, and Evolv Visual Gun Detection are its registered trademarks.


NDAQ:EVLV - Post by User

Evolv Technologies Holdings Inc
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Post by PressReleaseon May 10, 2023 4:16pm
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Post# 35441643

New Press Release - Evolv Technology Reports Record First Quarter Financial Results

New Press Release - Evolv Technology Reports Record First Quarter Financial Results
– Company Raises Outlook for 2023 –Q1 Revenue of $18.6 million, up 113% year-over-yearQ1 Ending ARR1 of $42.0 million, up 153% year-over-yearQ1 Ending RPO2 of $161.8 million, up 154% year-over-yearQ1 Ending Evolv Express® subscriptions of 2,787, up 206% year-over-year Evolv Technology (NASDAQ...read article.
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