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.

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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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NEW YORK, NY / ACCESSWIRE / October 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Evolv Technologies Holdings, Inc. ("Evolv Technologies Holdings, Inc.") (NASDAQ:EVLV) concerning possible violations of federal securities laws. On October 25, 2024, Evolv announced a delay in filing its upcoming quarterly financial report due to an internal investigation revealing material misstatements in revenue recognition dating back to 2022.

EVLV ALERT - Levi & Korsinsky Has Commenced an Investigation on Behalf of Evolv Technologies Holdings, Inc. Shareholders Who Lost Money

NEW YORK, NY / ACCESSWIRE / October 28, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Evolv Technologies Holdings, Inc. ("Evolv" or "the Company") (NASDAQ:EVLV). Investors who purchased Evolv securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/EVLV.

Bronstein, Gewirtz & Grossman, LLC Encourages Evolv Technologies Holdings, Inc. (EVLV) Investors to Inquire about Securities Investigation

Lost Money on Evolv Technologies Holdings, Inc. (EVLV)? You May Have Been Affected by Fraud - Contact Levi & Korsinsky

NEW YORK, Oct. 27, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) resulting from allegations that Evolv may have issued materially misleading business information to the investing public.

EVLV INVESTOR NEWS: Evolv Technologies Holdings, Inc. Investors that Suffered Losses are Encouraged to Contact Rosen Law About Ongoing Investigation into the Company (NASDAQ: EVLV)

NEW YORK, Oct. 27, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) for potential violations of the federal securities laws. If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc.

EVLV FRAUD ALERT: BFA Law Notifies Evolv Technologies Investors of Ongoing Securities Fraud Investigation for Accounting Errors and Urges You to Contact the Firm (Nasdaq: EVLV)

NEW YORK , Oct. 26, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) resulting from allegations that Evolv may have issued materially misleading business information to the investing public. So What: If you purchased Evolv securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Rosen Law Firm Encourages Evolv Technologies Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - EVLV

NEW YORK, NY / ACCESSWIRE / October 26, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) for potential violations of the federal securities laws. If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc.

EVLV FRAUD NEWS: BFA Law is Investigating Evolv Technologies Holdings for Securities Fraud after the Company Overstates Revenue; Investors are Urged to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) resulting from allegations that Evolv may have issued materially misleading business information to the investing public. So What: If you purchased Evolv securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ar.

Rosen Law Firm Encourages Evolv Technologies Holdings, Inc. Investors to Inquire About Securities Class Action Investigation – EVLV

OAKLAND, Calif.--(BUSINESS WIRE)---- $EVLV #EVLV--Gibbs Law Group is investigating potential legal claims on behalf of Evolv Technology investors.

Lost Money in Evolv Technology? Gibbs Law Group Investigates Potential Securities Law Violations

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that it has been appointed Lead Counsel in the securities class action against Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) and certain executive officers of the Company, currently pending in the United States District Court for the District of Massachusetts. Investors that purchased Evolv common stock are encouraged to contact Charles H. Linehan, Esq. of GPM at 310-201-9150, Toll-Free.

GPM, Court-Appointed Lead Counsel in Pending Securities Class Action Against Evolv Technologies Holdings, Inc., Encourages Investors to Contact Firm Regarding Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / October 25, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) for potential violations of the federal securities laws. If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc.

EVLV INVESTIGATION ALERT: BFA Law Urges Evolv Technologies Holdings Investors to Contact the Firm about Securities Fraud Investigation into Accounting Errors

Block & Leviton is investigating Evolv Technology (Nasdaq: EVLV) for potential securities law violations. Investors who lost money should contact the firm.

Evolv Technologies Investors Who Have Lost Money Should Contact Block & Leviton to Find Out How They Might Recover Money Through The Firm's Investigation

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) for potential violations of the federal securities laws. If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc.

EVLV BREAKING NEWS: BFA Law Announces an Investigation into Evolv Technologies Holdings after it Announces Accounting Improprieties; Investors are Urged to Contact the Firm (Nasdaq:EVLV)

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (“Evolv” or the “Company”) (NASDAQ: EVLV), a leading security technology company pioneering AI-based screening designed to create safer experiences, today announced that shareholders and others should not rely upon certain of the Company's previously issued financial statements and that it will delay filing its Quarterly Report on Form 10-Q for the period ended September 30, 2024. An ad hoc committee of independent directors (the “committee”) of.

The Board of Evolv Technology Determines that Certain Financial Statements Should Not Be Relied Upon

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WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to help create safer experiences, today announced a new partnership with Boston Common Golf, one of six teams in TGL presented by SoFi, the new golf league created by Tiger Woods and Rory McIlroy in conjunction with the PGA TOUR. Evolv is now an “Official Partner of Boston Common Golf,” who will use the Evolv Express™ systems to screen guests upon entry.

Evolv and TGL's Boston Common Golf Announce Official Partnership

Evolv Technologies redefines safety with AI-powered screening in a $13.2B growing market, making the stock worth a buy despite intense competition.

Evolv Technologies Stock Tanks 17.4% YTD: Time to Buy the Dip?

WALTHAM, Mass.--(BUSINESS WIRE)--Hornets Sports & Entertainment and Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-based screening designed to create safer experiences, today announced a new partnership under which Evolv becomes the Official Fan Screening Provider of the Charlotte Hornets and will see its Evolv Express® systems used to screen fans at Spectrum Center's entrances. This enhancement is one of many technology upgrades made as part of the Re!.

As Spectrum Center Prepares to Reopen, Arena Announces Addition of Evolv Technology at Entrances

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WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced the launch of two new product offerings to be displayed at the upcoming Global Security Exchange (GSX) conference, September 23-25 in Orlando, Florida. The new products include Evolv eXpedite™, an autonomous AI-based weapons detection system for bags, and Evolv Eva™, a personal safety app. These new offerings,.

Evolv Technology Unveils High-Speed Weapons Detection System for Bags and Personal Safety App

Evolv Technologies (EVLV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Evolv Technologies (EVLV) Upgraded to Strong Buy: What Does It Mean for the Stock?

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Considering SaaS EV/Sales multiples for scaling technology business, Evolv upside could be more than 150% in 3 years. Although any downgrade or slowdown by management would derail the upside. The FTC / SEC investigation could lead to fines but ultimately bare little impact on the long-term fundamentals of the business. Conclusions to the probes could be violent catalysts. Evolv's Express system continues to grow rapidly with 5,000+ units sold and 83 new customers in Q2.

Evolv: FTC/SEC Investigation Could Provide An Attractive Entry Point

Evolv has reinvented the metal detector with AI, scanning non-metallic weapons and reducing false alarms. The company serves various verticals, with 70% of sales through channel partners like Motorola, driving growth and customer acquisition. Shift to distribution model boosts recurring revenue, gross margins, and outlook, with positive EBITDA expected in Q2/25.

News for Evolv Technologies Holdings Stock (EVLV)