ShotSpotter: Jumps as Q4 results beat estimates

Soundthinking

18/02/2020 22:22

** Shares of software company  SSTI.O  up 21.7% at $34.47 in
extended trading
    ** Co reports Q4 adj. profit of 11 cents/shr vs. estimate of
4 cents/shr - Refinitiv IBES
    ** Q4 revenue rises 12% to $10.9 mln, beating estimates
    ** Co reaffirms 2020 revenue outlook of $48 mln to $50 mln
and expects to remain profitable on an annual basis  urn:newsml:reuters.com:*:nGNXb62YZp
    ** 9 of 10 brokerages rate stock "buy" or higher, 1 "hold";
median PT is $33
    ** Stock has risen ~11% YTD

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com; +1 646 223 8780 Ext:
2776; Reuters Messaging:
arundhati.sarkar.thomsonreuters.com@reuters.net))