Evolv Technologies (NASDAQ:EVLV) Posts Earnings Results

Evolv Technologies (NASDAQ:EVLV) posted its quarterly earnings results on Monday. The company reported ($0.10) earnings per share for the quarter, Zacks reports. Evolv Technologies had a negative net margin of 21.42% and a negative return on equity of 28.57%.

Evolv Technologies Stock Performance

EVLV stock opened at $4.16 on Tuesday. The company’s 50-day simple moving average is $3.26 and its 200 day simple moving average is $3.46. Evolv Technologies has a 52 week low of $2.01 and a 52 week high of $4.75. The company has a market capitalization of $655.41 million, a PE ratio of -29.71 and a beta of 1.68.

Evolv Technologies Company Profile

Evolv Technologies Holdings, Inc provides artificial intelligence (AI)-based weapons detection for security screening in the United States and internationally. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives; and Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics.