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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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith continues its investigation on behalf of Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) investors concerning the Company's possible violations of federal securities laws. On October 12, 2023, Evolv disclosed that the U.S. Federal Trade Commission requested information about “certain aspects” of the Company's “marketing practices.” On this news, Evolv's stock price fell $0.58, or 13.3%, to close at $3.77.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz continues its investigation of Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On October 12, 2023, Evolv disclosed that the U.S. Federal Trade Commission requested information about “certain aspects” of the Company's “marketing practices.

The Law Offices of Frank R. Cruz Continues Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based weapons detection to create safer experiences, today provided an update on a request received from the U.S. Securities and Exchange Commission (SEC). Specifically, on Friday, February 16, 2024 the SEC notified the Company it was initiating an investigation that was described as a confidential “non-public, fact finding inquiry.” The Company notes the SEC's explicit guidan.

Evolv Technology Provides Regulatory Update

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based weapons detection to create safer experiences, today announced its partnership with TD Garden, New England's premier sports and entertainment arena and home of the storied NHL's Boston Bruins and NBA's Boston Celtics. This latest partnership means that New England fans and visitors attending sporting events, concerts or other entertainment experiences at Gillette Stadium.

Evolv Technology Rounds Out Boston Sports Screening by Adding TD Garden

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WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, today announced it has been selected as ASM Global's preferred technology provider for patron screening in North America. Headquartered in Los Angeles, ASM Global's elite venue network spans five continents with a portfolio of more than 350 of the world's most prestigious arenas, stadiums, convention and exhibition centers, and perf.

Evolv Technology Chosen as ASM Global's Preferred Patron Screening Technology Provider

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the modern security technology company transforming threat and weapons detection to create safer experiences, today announced it is providing weapons detection to Toyota Center, home of the NBA's Houston Rockets. Toyota Center installed Evolv Express® systems earlier this month, making their debut when the Rockets hosted the Utah Jazz on January 20. The systems are used to screen fans entering the arena, which can hold more than.

Partnership with Evolv Technology a Slam Dunk for Houston's Toyota Center

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the modern security technology company transforming threat and weapons detection to create safer experiences, continues to see growth in the healthcare sector as hospital leaders add advanced weapons detection to their safety plans. With over 70% of workplace violence taking place in a healthcare setting and the majority of emergency physicians saying violence in the emergency department harms patient care, the need to address st.

Healthcare Leaders Turn to New Screening Technology to Address Workplace Violence

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WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that Peter George, the Company's President and Chief Executive Officer and Mark Donohue, the Company's Chief Financial Officer, are scheduled to present at the 26th Annual Needham Growth Conference on Thursday, January 18, 2024. The Company will webcast the presentation live at approximately 8:00 a.m. Eastern Time. All interested parties can access the w.

Evolv Technology to Present at 26th Annual Needham Growth Conference

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, announced that the Company will release financial results for the fourth quarter of 2023 on Thursday, February 29, 2024, 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 c.

Evolv Technology to Release Fourth Quarter Financial Results on February 29, 2024

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, is partnering with venues in nearly every state across the U.S. and has seen a steady increase in Pennsylvania venues turning to Evolv's state-of-the-art Express® system as an important layer in a safety plan. With Pennsylvania having the 33rd-highest rate of gun deaths in the U.S., Evolv has noted a 10x increase in the number of visitors screened at Pennsylvania venues.

Pennsylvania Security Leaders Turn to Evolv as Safety Partner

Evolv Technologies is a risky investment but deserves a Buy rating for the long term. It has negligible debt, cash, and growing revenue but needs to improve profitability. The share price is volatile but insiders and funds purchase shares when they sell below $4 each. Evolv's products address the growing global challenges in the domestic violence defense security industry. It offers AI-powered screening equipment and analytics for weapons detection security teams.

Evolv Technologies Might Just Save Our Lives

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced an expanded partnership with Denver-based Kroenke Sports & Entertainment (KSE), introducing Evolv's state-of-the-art Evolv Express® screening solution at Ball Arena for the 2023-2024 NBA, NHL, NLL, concert and event seasons. Ball Arena, home to the NBA's defending champion Denver Nuggets, 2022 Stanley Cup champion Colorado Avalanche, and 2022 NLL cha.

Denver's Ball Arena Opens 2023-2024 Season with Evolv Technology

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Courtney Cunnane as Chief Marketing Officer, effective November 20, 2023. A growth marketing expert with deep expertise in the technology industry, Ms. Cunnane complements the expanding Evolv marketing organization and will lead the team as the company reaches its next level of growth. Courtney comes to Evolv from software company Smar.

Evolv Technology Announces Appointment of Chief Marketing Officer

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Evolv Technologies, Inc. NASDAQ: EVLV delivered a strong quarterly earnings report on November 9. 2023. The company reported revenue of $20.2 million, higher than the $16.5 million it generated in the same quarter in 2022.

Is it time to buy EVOLV Technologies after post-earnings dip?

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that it has further extended its leadership position in helping to make places safer where people live, work, learn and play. As of September 30, 2023, the Company has: Surpassed 1 billion visitors screened since the launch of Evolv Express® in 2019. Detected nearly 300,000 guns and knives through the first nine months of 2023. Surpassed averaging over 2.

Evolv Technology Surpasses One Billion Visitors Screened

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Brian Norris - Senior Vice President, Finance and Investor Relations Peter George - President and Chief Executive Officer Mark Donohue - Chief Financial Officer Conference Call Participants Mike Latimore - Northland Capital Markets Hugh Cunningham - TD Cowen Chad Bennett - Craig Hallum Brett Knoblauch - Cantor Fitzgerald Operator Ladies and gentlemen, thank you for standing by. Welcome to the Evolv Technologies Third Quarter Earnings Call.

Evolv Technologies Holdings, Inc. (EVLV) Q3 2023 Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced financial results for the quarter ended September 30, 2023, reaffirmed its previously raised business outlook for 2023 and issued its preliminary outlook for 2024.. Results for the Third Quarter of 2023 Total revenue for the third quarter of 2023 was $20.2 million, an increase of 22% compared to $16.5 million for the third quarter of 2022. Annual Recurri.

Evolv Technology Reports Record Third Quarter Financial Results

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that its Board of Directors approved the election of two new members – Mr. David Mounts Gonzales and Mr. Rajan Naik, Ph.D. – who joined the Board on November 2, 2023. "We are delighted to welcome David and Rajan to the Board of Directors of Evolv Technology,” said Mr. Peter George, President and Chief Executive Officer of Evolv Technology. “David brings.

Evolv Technology Announces Appointments to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Evolv investments or would like to inquire about potentially pursuing claims to recover your loss under the federal se.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced that Peter George, the Company's President and Chief Executive Officer and Mark Donohue, the Company's Chief Financial Officer, are scheduled to present at the UBS Global Technology Conference on Wednesday, November 29, 2023. The Company will webcast the presentation live at approximately 11:35 a.m. Eastern Time. All interested parties can access the web.

Evolv Technology to Present at UBS Global Technology Conference

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Evolv Technologies Holdings, Inc. (“Evolv” or the “Company”) (NASDAQ: EVLV) investors concerning the Company's possible violations of federal securities laws. On October 12, 2023, Evolv disclosed that the U.S. Federal Trade Commission requested information about “certain aspects” of the Company's “marketing practices.” On this news, Evolv's stock price fell $0.58, or 13.3%, to close at $3.77 p.

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