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Dec 31, 2024
Evolv Q4 2024 Earnings Report
Reports Fourth Quarter and Full Year 2024 Financial Results
Key Takeaways
Evolv Technology reported a 41% year-over-year increase in Q4 2024 revenue to $29.1 million, achieving positive adjusted EBITDA. The company also completed the restatement of previously issued financial statements, regaining compliance with SEC reporting and NASDAQ listing requirements.
Q4 2024 revenue increased by 41% year-over-year to $29.1 million.
Achieved positive Adjusted EBITDA of $0.4 million in Q4 2024.
Completed restatement of financial statements and regained compliance with SEC and NASDAQ.
Ending ARR reached $99.4 million, up 39% year-over-year.
Revenue by Segment
Forward Guidance
Looking ahead, the company is focused on disciplined execution, transparent communication, and compliance, believing they are well-positioned for the next phase of growth.
Positive Outlook
- Company is focused on disciplined execution.
- Company is committed to transparent communication.
- Company is unwavering in its commitment to best-in-class compliance.
- Restatement and FTC resolution are now behind the company.
- Profitability goals achieved six months ahead of schedule.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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