High Demand for AI-Powered Security Technologies!
The targeted use of AI for screening and analysis in the security sector offers billion-dollar potential!
Multiple awards and over 40% revenue growth in Q1 indicate that Evolv Technologies could be a growth story!
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On May 16, Evolv Technologies Inc. (EVLV) reported positive developments indicating that preliminary numbers for Q1 target revenues in the range of $31 million to $32 million. In comparison, the same period last year yielded only $22.2 million. The consensus was below $28 million, thus considerably lower. I could easily imagine that this positive surprise might not be the last this year, as the demand for security solutions and the targeted use of AI will continue to increase. In this context, it is also exciting that the company continuously expands...
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