Evolv Technologies Clarifies Financial Data
In a regulatory filing, Evolv Technologies notified stockholders that certain market data websites misreported the company's financial results for the three-month period ended March 31 and guidance for the full year, in each case, relating to revenue. "These results and guidance were correctly reported in the press release that was issued by the Company on May 12, 2026, and furnished in Exhibit 99.1 to its Current Report on Form 8-K that was filed on May 12, 2026. To confirm, the Company's total revenue was $46.3 million for the first quarter of 2026, representing 45% year-over-year growth compared to $32.0 million in the first quarter of 2025, and the Company raised its full year total revenue guidance range to $175 million to $180 million," the company stated.