Evolv Technology Announces Preliminary Q3 Revenues Of $19.3M-$19.8M Vs. Consensus Of $16.86M And Raised FY23 Outlook To $75M-$77M Vs. $73.74M Consensus
Portfolio Pulse from Benzinga Newsdesk
Evolv Technology has announced preliminary Q3 revenues of $19.3M-$19.8M, surpassing the consensus of $16.86M. The company also raised its FY23 outlook to $75M-$77M, higher than the $73.74M consensus.
October 12, 2023 | 11:10 am
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POSITIVE IMPACT
Evolv Technology's Q3 revenues and FY23 outlook surpass consensus estimates, indicating strong financial performance.
Evolv Technology's higher than expected Q3 revenues and raised FY23 outlook indicate strong financial performance, which is likely to positively impact the company's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100