Evolv Technologies Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Evolv Technologies Holdings, Inc. reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of five analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -2 cents per share.

• Revenue rose 10.5% to $47.35 million from a year ago; analysts expected $45.61 million.

• Evolv Technologies Holdings, Inc.'s reported EPS for the quarter was a loss of 9 cents​.

• The company reported a quarterly loss of $15.56 million.

• Evolv Technologies Holdings, Inc. shares had risen by 2.4% this quarter and lost 33.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"

• Wall Street's median 12-month price target for Evolv Technologies Holdings, Inc. is $10.00, about 52.4% above its last closing price of $4.76

This summary was machine generated from LSEG data November 10 at 10:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)