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November 20, 2024

Evolv Technologies Faces Headwinds Ahead of Quarterly Report Amid Sales Investigations

Evolv Technologies Holdings is poised to announce its quarterly earnings, with expectations of an EPS of -0.06 and revenue nearing 26.4 million. A significant delay in reporting stemmed from investigations concerning its sales practices, raising alarm among investors. Despite these challenges, the company maintains a low debt-to-equity ratio of 0.011, which may offer some comfort about its financial structure. Stakeholders should remain vigilant as the earnings report approaches, given the uncertain backdrop.

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