SSTI Earnings Prediction
The chart below shows how SSTI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SSTI sees a +0.94% change in stock price 10 days leading up to the earnings, and a +5.85% change 10 days following the report. On the earnings day itself, the stock moves by +0.60%. This data can give you a slight idea of what to expect for the next quarter's release.
SSTI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
26.25M
9.48%
-2.63%
Gross Margin
58.18%
1.45%
-3.05%
Operating Margin
-3.78%
-35.27%
107.69%
Net Margin
-5.49%
-29.80%
96.77%
EPS
-0.11
-26.67%
83.33%
No Data Available
SSTI Earnings Analysis
SoundThinking, Inc. Common Stock Corporation (SSTI.O) Earnings Conference Call
Positive
Quarterly Revenue Increase: We reported a strong third quarter with revenues of $26.3 million, up 10% from the same period last year.
Year-to-Date Revenue Increase: For the year-to-date period, we reported $78.6 million representing an increase of 18% from the same period last year.
AI-Enhanced Law Enforcement Tools: The Safety Smart platform now offers six data-driven tools that leverage AI and machine learning technologies to enhance law enforcement operations.
Market Penetration Success: Our ongoing market penetration is a testament to the effectiveness and reliability of our solutions in enhancing public safety.
Gross Profit Increase: Gross profit for the third quarter of 2024 was $15.2 million or 58% of revenue versus $13.8 million or 57% of revenue for the prior year period.
Negative
Quarterly Revenue Increase: The third quarter revenues were $26.3 million, representing a 10% increase from the $24 million in the third quarter of 2023.
Operating Expenses Comparison: Operating expenses for the third quarter were $16.3 million or 62% of revenues versus $15.2 million or 64% of revenues in the third quarter of 2023.
Quarterly Net Loss Report: Our GAAP net loss was approximately $1.4 million or loss of $0.11 per basic and diluted shares for the quarter based on 12.7 million basic and diluted weighted average shares outstanding.
Adjusted EBITDA Increase: Our adjusted EBITDA was up approximately 5% from the third quarter of last year to $4.5 million, up from $4.3 million.
Deferred Revenue Stability: Deferred revenue at the end of the quarter was largely in line at $49.5 million, compared to $49.4 million at the end of Q2 of 2024.
SSTI FAQs
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SSTI Earning Call Sentiment
SoundThinking, Inc. (SSTI) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SSTI.O
3.62%Positive
The earnings call summary shows strong financial performance, with revenue and EBITDA growth, a strategic partnership with Rekor, and a share repurchase program. Despite the Chicago contract loss, guidance for 2025 remains optimistic. The Q&A reveals a strong pipeline and excitement about new platforms, although supply constraints pose some risk. Overall, the positive developments and optimistic guidance outweigh the risks, suggesting a positive stock price movement.
