Safety tech firm SoundThinking misses Q3 revenue estimates, lowers 2025 revenue forecast

Soundthinking

12/11/2025 21:36

Overview

SoundThinking Q3 revenue decreased 4% yr/yr, missing analyst expectations

Adjusted EPS for Q3 missed analyst expectations

Company repurchased 160,271 shares for $2.0 mln under existing program

Outlook

Company lowers full-year 2025 revenue guidance from $111.0 million to $113.0 million to approximately $104.0 million

SoundThinking reduces 2025 Adjusted EBITDA margin guidance to 14%-15%

Company anticipates renewed growth and margin expansion in 2026

Result Drivers

CONTRACT DELAYS - Revenue decline attributed to delays in domestic and international contracts, including ShotSpotter renewal in Puerto Rico and a statewide CrimeTracer booking

EXPANSION - Expanded ShotSpotter service to two new cities and one university, and expanded with two existing customers

AI AND SAFEPOINTE - Introduced new AI capabilities and saw SafePointe gain traction in healthcare settings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$25.10 mln
$27.95 mln (7 Analysts)
Q3 Adjusted EPS
Miss
-$0.16
-$0.06 (7 Analysts)
Q3 EPS
-$0.16
Q3 Net Income
-$2.04 mln
Q3 Adjusted EBITDA
$3.48 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for SoundThinking Inc is $20.00, about 58.5% above its November 11 closing price of $8.31

Press Release: ID:nGNXQ73JT

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)