Evolv Technologies Q2 EPS $(0.10) Beats $(0.11) Estimate, Sales $19.80M Beat $14.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Evolv Technologies reported Q2 earnings per share of $(0.10), beating the analyst consensus estimate of $(0.11) by 9.09%. The company also reported quarterly sales of $19.80 million, surpassing the analyst consensus estimate of $14.28 million by 38.66%. This represents a 118.30% increase over sales from the same period last year.
August 10, 2023 | 8:10 pm
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POSITIVE IMPACT
Evolv Technologies reported better than expected Q2 earnings and sales, which could positively impact its stock price in the short term.
Evolv Technologies reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100