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SoundThinking Inc (SSTI)
NASDAQ:SSTI
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.06Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -8.01%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
SoundThinking's earnings call reflected a positive outlook with significant revenue growth, successful contract renewals, and international expansion, despite some challenges related to increased expenses and potential cost impacts due to tariffs.Company Guidance
During SoundThinking's Q1 2025 earnings call, the company reported a strong financial performance with a 12% revenue growth year-over-year, reaching $28.3 million, and a 50% increase in adjusted EBITDA to $4.5 million. The growth was driven by new sales and contract renewals, notably a three-year $64 million contract with the NYPD. SoundThinking reaffirmed its full-year revenue guidance of $111-$113 million but adjusted its EBITDA margin guidance to 20-22% due to investments in AI and tariff impacts. The company highlighted international expansion, with a ShotSpotter deployment in Brazil, and emphasized the growth potential of its SafePointe product following new legislative requirements in California. They also noted ongoing strategic initiatives across various platforms, including ResourceRouter and CrimeTracer, as well as the integration of PlateRanger's data for enhanced investigative capabilities.Revenue Growth
SoundThinking delivered a 12% revenue growth year-over-year, reaching $28.3 million, driven by solid new sales and renewal activity.
Adjusted EBITDA Increase
Adjusted EBITDA grew 50% year-over-year to $4.5 million, highlighting operational leverage and a profitable growth strategy.
NYPD Contract Renewal
The New York City Police Department extended their ShotSpotter contract for an additional three years, totaling $64 million over a 3-year term.
International Expansion
SoundThinking expanded its ShotSpotter deployment internationally, with a new deployment in Niteroi, Brazil, marking a return to the Brazilian market.
SafePointe Legislative Opportunity
Following the passage of California Assembly Bill 2975, hospitals are required to deploy weapon detection systems at all public entrances by 2027, creating a significant market opportunity for SafePointe.
Innovation in CrimeTracer
CrimeTracer has evolved into a powerful AI-enhanced law enforcement tool, now integrating generative AI and large language models for insightful data analysis.
SSTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SSTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $16.22 | $16.00 | -1.36% |
Feb 25, 2025 | $13.68 | $16.91 | +23.61% |
Nov 12, 2024 | $12.08 | $11.19 | -7.37% |
Aug 06, 2024 | $14.57 | $14.45 | -0.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does SoundThinking Inc (SSTI) report earnings?
SoundThinking Inc (SSTI) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is SoundThinking Inc (SSTI) earnings time?
SoundThinking Inc (SSTI) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SSTI EPS forecast?
SSTI EPS forecast for the fiscal quarter 2025 (Q2) is -0.1.