ShotSpotter: Poised for best day ever on Q4 results beat

Soundthinking

19/02/2020 15:34

** Software co's shares  SSTI.O  rise 28% to a 6-month high
of $36.3; set for its best day ever
    ** Stock among top pct gainers across U.S. exchanges
    ** Co reports Q4 adj. profit of 11 cents/shr vs. estimates
of 4 cents/shr 
    ** Q4 revenue rises 12% to $10.9 mln, beating estimates of
$10.5 mln
    ** SSTI quarterly rev beat snaps three straight misses; EPS
tops for third straight qtr - Refinitiv data
    ** 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
    ** Stock up ~38% YTD

 (Reporting by C Nivedita in Bengaluru)
 ((C.Nivedita@thomsonreuters.com))