Market Overview

ShotSpotter: Q3 Earnings Insights

Share:

Shares of ShotSpotter (NASDAQ:SSTI) were flat in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 25.00% year over year to $0.05, which beat the estimate of $0.03.

Revenue of $11,350,000 higher by 13.68% from the same period last year, which beat the estimate of $11,200,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

The upcoming fiscal year's revenue expected to be between $44,500,000 and $45,000,000.

Conference Call Details

Date: Nov 09, 2020

Time: 04:30 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=142270

Recent Stock Performance

52-week high: $41.00

Company's 52-week low was at $19.07

Price action over last quarter: Up 7.02%

Company Profile

ShotSpotter Inc is a leader in gunshot detection solutions that help law enforcement officials and security personnel identify, locate and deter gun violence. It offers software solutions on a SaaS-based subscription model to customers around the world with customers in the United States, Puerto Rico, the U.S. Virgin Islands and South Africa. The company's public safety solution, ShotSpotter Flex, is deployed in urban, high-crime areas to help deter gun violence by accurately detecting and locating gunshots and sending near real-time alerts to law enforcement. ShotSpotter's solutions consist of its highly-specialized, cloud-based software integrated with its proprietary, internet-enabled sensors and communication networks.

 

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Posted-In: Earnings