Evolv Technologies Q3 Adj EPS $(0.08) Beats $(0.09) Estimate, Sales $20.19M Beat $18.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Evolv Technologies (NASDAQ:EVLV) reported Q3 adjusted losses of $(0.08) per share, beating the analyst consensus estimate of $(0.09) by 11.11%. The company also reported quarterly sales of $20.19 million, surpassing the analyst consensus estimate of $18.91 million by 6.77%. Both figures represent an increase from the same period last year.
November 09, 2023 | 9:43 pm
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POSITIVE IMPACT
Evolv Technologies reported better than expected Q3 results, which could positively impact the stock.
Evolv Technologies reported Q3 results that beat analyst estimates, both in terms of adjusted losses per share and sales. This positive financial performance could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100