Evolv technology reports first quarter financial results

Waltham, mass.--(business wire)--evolv technology (nasdaq: evlv), the leading security technology company pioneering ai-based screening to create safer experiences, today announced financial results for the quarter ended march 31, 2024. results for the first quarter of 2024 total revenue for the first quarter of 2024 was $21.7 million, an increase of 17% compared to $18.6 million for the first quarter of 2023. annual recurring revenue (“arr”)1 was $82.5 million at the end of first quarter of 20.
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