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Soundthinking, Inc. (SSTI)
:SSTI
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.23Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: 11.92%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects both positive momentum in terms of full year revenue growth, international expansion, and successful contract renewals, alongside challenges such as a decline in Q4 revenue and increased net loss due to delayed contracts.Company Guidance
On SoundThinking's Fourth Quarter and Full Year 2024 Earnings Conference Call, CEO Ralph Clark and CFO Alan Stewart provided guidance for 2025, anticipating full-year revenue between $111 million and $113 million, representing a 10% year-over-year growth. They expect to achieve an adjusted EBITDA margin of 21% to 23%. Despite a 10% decrease in Q4 revenue year-over-year to $23.4 million, attributed to contract delays with the NYPD, the company reported a full-year revenue growth of 10%, reaching a record $102 million. SoundThinking's annual recurring revenue (ARR) entering 2025 is $95.6 million, and they have a $50 million ACV pipeline, with 62% being non-domestic. The company also highlighted a 105% revenue retention rate for 2024 and expects significant contributions from their SafetySmart platform and international expansion, particularly in Latin America and the Caribbean.Full Year Revenue Growth
Full year 2024 revenue grew by 10% to a record $102 million, reflecting strong demand for public safety and security solutions.
International Expansion
ShotSpotter went live in 20 new cities and five new universities, with significant international expansion including new city captures in Niterói, Brazil, Nelson Mandela Bay, South Africa, and Montevideo, Uruguay.
NYPD Contract Renewal
Successfully executed a three-year contract renewal of approximately $21.9 million with NYPD, securing the ShotSpotter service through December 2027.
Net Promoter Score Improvement
Achieved a world-class net promoter score of 66%, moving up 200 basis points from last year's 64%.
Increased Revenue Guidance for 2025
Increased full year 2025 revenue guidance to $111 million to $113 million, representing approximately 10% year-over-year growth.
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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
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SSTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 14, 2024 | $14.40 | $13.91 | -3.40% |
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.
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FAQ
When does Soundthinking, Inc. (SSTI) report earnings?
Soundthinking, Inc. (SSTI) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Soundthinking, Inc. (SSTI) earnings time?
Soundthinking, Inc. (SSTI) earnings time is at May 13, 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 (Q1) is -0.11.
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