MARKET COMPOSITE
EVLV - Evolv Technologies Holdings Inc4:50:11 PM 4/25/2024
Price
$3.93
-0.16 (-3.91%)
Evolv Technology is the world’s leading provider of weapons detection security screening systems that enhance safety without sacrificing the visitor, student and employee experience. Built on top of its Evolv Cortex AI™ software platform, the company provides an array of AI touchless screening technologies for weapons detection, identity verification and health-related threats. Led by a team of security industry leaders with a track record for delivering first-to-market products, Evolv’s investors include Bill Gates, Florida Governor Jeb Bush’s firm, Finback Investment Partners, DCVC, General Catalyst Partners, Lux Capital, SineWave Ventures, Motorola Solutions and STANLEY Ventures. The company’s strategic channel partners include Motorola Solutions, STANLEY Security and Johnson Controls. Evolv Express® has earned industry accolades such as the 2020 Edison Awards™, two Campus Safety 2020 BEST Awards, Campus Security & Life Safety magazine’s Secure Campus 2020 Awards and Best Places to Work by Inc. Magazine and Built in Boston.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue21.8MM+8%
Gross Profit10.3MM-10%
Cost Of Revenue11.6MM+31%
Operating Income-21.9MM+8%
Operating Expenses32.2MM+2%
Net Income-16.9MM-382%
R&D6.3MM-2%
G&A11MM-2%
Marketing14.9MM+7%
Interest Expense0-
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Stock news

    WALTHAM, Mass., April 09, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, 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 Cowen Technology Conference on Thursday, May 30, 2024 in New York, New York. The Company will webcast the presentation live at approximately 10:15 a.m. Eastern T

    WALTHAM, Mass., April 08, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, announced that the Company will release financial results for the first quarter of 2024 on Thursday, May 9, 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 t

    Anil Chitkara, Founder & Chief Growth Officer of Evolv Technologies Holdings Inc (NASDAQ:EVLV), sold 50,000 shares of the company on April 1, 2024, according to a recent SEC filing.

    WALTHAM, Mass., March 28, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, and Dignity Health Sports Park (DHSP), home of the five-time MLS Cup Champions, the LA Galaxy, have launched a strategic new partnership. Brokered by AEG Global Partnerships, the new partnership officially kicked off at the LA Galaxy’s home opener late last month, where Evolv Express® was used to screen guests entering DHSP. The Galax

    WALTHAM, Mass., March 27, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based weapons detection to create safer experiences, today announced that a total of ten professional baseball teams are using the award-winning Evolv Express® system for guest ingress screening as of Opening Day 2024 (March 28). This roster includes, among others, the 2022 World Series Champion Houston Astros (Minute Maid Park), the New York Mets (Citi Field), and the company’s

    WALTHAM, Mass., March 13, 2024--With Major League Baseball’s (MLB) Opening Day around the corner, 10 MLB teams are gearing up to welcome millions of fans with the help of security screening by Evolv (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences.

    WALTHAM, Mass., March 12, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, today announced its partnership with Sporting Kansas City. The Major League Soccer team is using Evolv Express® for weapons detection at Children’s Mercy Park in Kansas City, Kansas.

    WALTHAM, Mass., March 11, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based weapons detection to create safer experiences, today published this open letter to publication IPVM addressing concerns that IPVM’s continuous stream of articles on the Company is not only deceptive, but could pose a danger to the public.

    WALTHAM, Mass., March 07, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based weapons detection to create safer experiences, today announced that Evolv Express® received two significant awards from Sports Business Journal as part of that publication’s annual Tech Week event in New York City on Tuesday.

    WALTHAM, Mass., March 06, 2024--Evolv Technology (NASDAQ: EVLV), the leading security technology company pioneering AI-based screening to create safer experiences, today announced its partnership with Melbourne Cricket Club (MCC), the largest – and one of the oldest - sports clubs in Australia. Melbourne Cricket Ground (MCG) recently hosted the Taylor Swift Era’s Tour partnering with Evolv to help keep nearly 300,000 fans safe.