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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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.

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

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LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an 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 Announces Investigation of Evolv Technologies Holdings, Inc. (EVLV) on Behalf of Investors

The security tech company published preliminary third-quarter results.

Why Evolv Technologies Stock Tumbled by 13% Today

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced preliminary financial results for the quarter ended September 30, 2023. The Company will report final financial results on November 9, 2023 after the market closes. Preliminary Results for the Third Quarter of 2023 Based on preliminary third quarter estimates which are subject to change, the Company currently expects: Total revenues to range between $19.

Evolv Technology Announces Preliminary Results for Third Quarter 2023

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, today announced the appointment of Jay Muelhoefer to serve as Chief Commercial Officer, effective October 12, 2023. Mr. Muelhoefer will assume global responsibility for the Company's Sales, Marketing, Alliances, Channels, and Customer Success teams to help expand brand awareness, drive revenue growth globally, and ensure exceptional customer experiences. Mr. Muelhoefer.

Evolv Technology Announces Appointment of Chief Commercial Officer

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 third quarter of 2023 on Thursday, November 9, 2023, 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 cal.

Evolv Technology to Release Third Quarter Financial Results on November 9, 2023

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, announced it is now used in nine schools in California's Madera Unified School District. The district, northwest of Fresno, purchased Evolv's state-of-the-art Evolv Express® screening solution through integration partner ICU Technologies, a leader in K-12 security buying. Madera Unified School District began the 2023-2024 school year with 17 total Express systems across.

Implementation In California's Madera Unified School District Symbolic of Evolv Technology's Expanding West Coast Footprint, Innovative Purchasing Process

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New product offering combines leading AI technologies for concealed weapon and brandished gun detection LEESBURG, Va. , Sept. 7, 2023 /PRNewswire/ -- Omnilert , a leader in active shooter solutions, today announced that it has partnered with  Evolv Technology to have its AI visual gun detection software integrated into the newly announced Evolv Extend™ to detect brandished guns.

Evolv Integrates Omnilert's AI Gun Detection Technology into Evolv Extend to Help Keep Customers Safe from Active Shooters

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, is proud to unveil the latest innovation in its product portfolio, Evolv Extend™, designed to identify non-concealed (or brandished) guns approaching a venue and expand detection beyond the door. With a focus on delivering critical, timely information to “First Reactors” (those near or operating an Evolv Express® system, which detects concealed weapons), Evolv aims to h.

Evolv Technology Announces New Product, Evolv Extend, for Detection of Brandished Guns Approaching Venue Entrances

WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, is delighted to unveil the latest software update to its Evolv Express® system, including enhancements to the detection algorithm and a refreshed tablet user interface. These improvements enhance operational efficiency for security professionals and system operators. Evolv customers have access to ongoing improvements several times a year through their subscription. Evo.

Evolv Announces Express 7.0, With Latest Version of AI-based Detection Algorithm and Updated Tablet Software

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WALTHAM, Mass.--(BUSINESS WIRE)--Evolv Technology (NASDAQ: EVLV), the leader in AI-based weapons detection security screening, has expanded its partnership with South Carolina's Florence 1 Schools. In 2019, the largest school district in Florence County, Florence 1, became the second school district in the country to implement Evolv's technology. It has since expanded its use to 23 Evolv Express® systems across eight schools. Evolv Express® uses powerful sensor technology with artificial intell.

Florence 1 Schools Expands Partnership With Evolv Technology, Doubles Down On Commitment to School Safety

Evolv's annual recurring revenue and total revenue more than doubled in its last quarter. The company now expects a much stronger 2023 than it previously guided.

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