We are pleased to release our Q3 results and business updates as we made meaningful progress across key measures of the business. Hear directly from our CEO John Kedzierski and CFO Chris Kutsor. Q3 Key Highlights: - Added 60 new customers this quarter - Adjusted 2025 total revenues outlook to be between $142M to $145M, reflecting growth of 37% to 40% compared to 2024 - Surpassed 1M bags screened by Evolv eXpedite™ - Reported revenue of $42.9M in the 3rd quarter, up 57% YoY - Grew ARR by 25% YoY to $117.2M at the end of Q3 ’25 - Q3’25 Adjusted EBITDA of $5.1M, with Adjusted EBITDA Margin of 12% Full press release here: https://hubs.li/Q03TdBjh0 #companyupdate #quarterlyearnings #financialresults #earningsupdate #revenuegrowth #evolvtechnology #innovationandgrowth #weaponsdetection #securitytechnology #securityinnovation #publicsafety
Excellent news.
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1wEvolv Technology's on a roll - they brought in a new customer almost every day in Q3, with 60 new customers over 65 business days. That's some serious momentum!