Evolv Technologies Holdings, Inc. (EVLV) Reports Q3 Loss, Tops Revenue Estimates

Group 1 - Evolv Technologies Holdings, Inc. reported a quarterly loss of $0.01 per share, better than the Zacks Consensus Estimate of a loss of $0.07, and an improvement from a loss of $0.19 per share a year ago, resulting in an earnings surprise of +85.71% [1] - The company achieved revenues of $42.85 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 27.25%, compared to $27.36 million in the same quarter last year [2] - Evolv Technologies shares have increased approximately 70.1% year-to-date, significantly outperforming the S&P 500's gain of 16.5% [3] Group 2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Evolv Technologies was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - Current consensus EPS estimate for the next quarter is -$0.07 on revenues of $35.34 million, and for the current fiscal year, it is -$0.40 on revenues of $133.62 million [7] Group 3 - The Computers - IT Services industry, to which Evolv Technologies belongs, is currently ranked in the top 25% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]