Financial PerformanceThe company reported healthy 2Q results and raised FY25 revenue outlook to $132M-$135M or 27%-30% y/y growth from a prior 20%-25%.
Product InnovationEvolv launched eXpedite to detect concealed weapons in bags using X-ray imaging without the need for continuous human monitoring.
Regulatory EnvironmentSentiment has improved, elevated by diminished regulatory risk, civil suit resolutions, new leadership, and strategic adjustments.