Welcome to our dedicated page for Evolv Technologies Holdings news (Ticker: $EVLV), a resource for investors and traders seeking the latest updates and insights on Evolv Technologies Holdings stock.
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Rhea-AI Summary
Evolv Technology (NASDAQ: EVLV) addresses concerns regarding IPVM's negative articles in an open letter. The company highlights potential dangers to the public and questions the biased coverage by IPVM.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
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Rhea-AI Summary
Evolv Technology's Evolv Express wins 'Best in Fan Experience Technology' and 'Best in Sports Technology' awards at Sports Business Journal's Tech Week event. The AI-powered weapons detection system is recognized for its innovative and seamless ingress experience for fans, reinforcing its strong value proposition and rapid adoption in professional and collegiate sports.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.08%
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Rhea-AI Summary
Evolv Technology (NASDAQ: EVLV) partners with Melbourne Cricket Club for the first Australian deployment of Evolv Express®, enhancing security screening at Melbourne Cricket Ground. The partnership aims to provide a safer and more efficient entry experience for fans attending events.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
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Rhea-AI Summary
Evolv Technology partners with Footprint Center to enhance security with AI-based weapons detection, improving fan experience and reducing entry delays.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.86%
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Rhea-AI Summary
Evolv Technology (NASDAQ: EVLV) reports Q4 revenue of $21.8 million, up 4% YoY, with Ending ARR of $75.0 million, up 120% YoY. The company's Ending RPO is $240.5 million, up 66% YoY, and Evolv Express® subscriptions increased by 99% YoY. Total revenue for 2023 was $80.4 million, a 46% increase from 2022. The net loss for 2023 was $(106.3) million, with adjusted EBITDA at $(49.8) million. The company reaffirms its outlook for 2024, expecting total revenue of ~$115 million, ARR at $108-$112 million, and an improved adjusted EBITDA by 40%+.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-16.77%
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Rhea-AI Summary
Evolv Technology partners with Major League Soccer's FC Dallas to implement AI-based screening technology for enhanced security at Toyota Stadium. The partnership aims to streamline fan and staff screening processes, replacing metal detectors with Evolv Express® systems to improve efficiency and safety. Toyota Stadium can now accommodate over 19,000 fans with faster entry times, enhancing overall fan experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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Rhea-AI Summary
Evolv Technology, a physical security company founded in 2013, has partnered with key security agencies and professionals, including the CIA and FBI. The company's Express® solution has screened over 1 billion visitors, detecting hundreds of firearms daily. Despite facing challenges from short seller campaigns, Evolv undergoes rigorous testing and validation procedures, ensuring effectiveness in detecting weapons. While no security solution is perfect, Evolv Express is chosen for its high efficacy, throughput rate, and customization options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.68%
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Rhea-AI Summary
Evolv Technology (NASDAQ: EVLV) updates on SEC investigation, emphasizing cooperation and transparency. The Company's AI-based weapons detection technology deployed at over 650 customers across various sectors, identifying hundreds of firearms daily.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.68%
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Rhea-AI Summary
Evolv Technology (EVLV) partners with TD Garden to enhance security for Boston sports fans and visitors, deploying AI-based weapons detection systems for a seamless and efficient screening process. The partnership aims to elevate safety standards and improve fan experiences at major league sports venues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.13%
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Rhea-AI Summary
Evolv Technology (NASDAQ: EVLV) has partnered with ASM Global, the world's leading venue management company, to provide AI-based screening for patron screening in North America. The partnership aims to enhance the guest experience at over 350 prestigious arenas, stadiums, and convention centers. Early results show an 11% increase in arrival efficiency and a 13-point increase in NPS score for venues integrating Evolv Express vs. existing averages.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.79%
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Evolv Technologies Holdings, Inc.
Nasdaq:EVLV
EVLV Rankings
EVLV Stock Data
437.04M
105.48M
17.84%
54.66%
5.17%
Photographic and Photocopying Equipment Manufacturing
Manufacturing
United States of America
HOUSTON
About EVLV
evolv technology applies sensors, data, and machine learning to detect and prevent a wide set of global threats to people. we develop products that address security and operations challenges in the physical world. our goal is to deliver high performance, cost effective solutions that are unobtrusive to our customers' day-to-day operations. we are collective of people who seek to build products that matter and are backed by investors bill gates, general catalyst partners and lux capital.