Recap: Evolv Technologies Q3 Earnings
Portfolio Pulse from Benzinga Insights
Evolv Technologies (NASDAQ:EVLV) reported its Q3 earnings results, beating estimated earnings by 11.11% with an EPS of $-0.08 versus an estimate of $-0.09. Revenue was up $3.66 million from the same period last year. Last quarter, the company beat on EPS by $0.01, which was followed by a 31.22% increase in the share price the next day.
November 09, 2023 | 9:45 pm
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Evolv Technologies beat Q3 earnings estimates and saw a YoY revenue increase. Past performance shows a share price increase following an EPS beat.
Evolv Technologies has reported better than expected earnings for Q3, which is a positive signal for investors. Additionally, the company's history of share price increases following an EPS beat suggests potential positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100