Evolv Technologies (EVLV) reported late Tuesday a Q1 adjusted loss of $0.02 per share, compared with a loss of $0.08 a year earlier.

Three analysts polled by FactSet expected a loss of $0.06.

Revenue for the quarter was $32 million, up from $22.2 million a year earlier.

Three analysts surveyed by FactSet expected $28 million.

For 2025, the company expects revenue to be between $125 million and $130 million. Three analysts polled by FactSet expect $124.3 million.

Shares of Evolv were up 3.8% in after-hours activity.

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