Evolv Technologies (EVLVW) Expected to Announce Earnings on Tuesday

Evolv Technologies (NASDAQ:EVLVW) is anticipated to post its resultson Tuesday, May 12th. Analysts expect Evolv Technologies to post earnings of ($0.03) per share and revenue of $43.70 million for the quarter.

Evolv Technologies Price Performance

NASDAQ EVLVW traded down $0.01 during mid-day trading on Tuesday, reaching $0.13. 44,886 shares of the stock were exchanged, compared to its average volume of 69,890. Evolv Technologies has a one year low of $0.05 and a one year high of $1.08. The stock has a 50 day simple moving average of $0.11 and a 200-day simple moving average of $0.24.

About Evolv Technologies

Evolv Technologies Holdings, Inc (NASDAQ: EVLVW) is a security technology company specializing in contactless weapons detection systems designed to enhance safety and streamline entry processes at high-traffic venues. The company’s solutions combine advanced sensor fusion with artificial intelligence to accurately detect concealed threats such as firearms and knives without requiring physical pat-downs or the removal of personal belongings. By delivering a low-friction screening experience, Evolv aims to balance robust security protocols with a positive visitor experience.

The company’s flagship product, Evolv Edge, utilizes millimeter-wave radar and computer vision to identify potential threats within milliseconds as individuals walk through screening portals.