SoundThinking Inc reports results for the quarter ended in December - Earnings Summary

Soundthinking

28/02/2024 01:16

* SoundThinking Inc  SSTI.OQ  reported quarterly adjusted
earnings
of 28 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of -9 cents.  The mean expectation of
seven analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from -1 cents to 8
cents per share.
    * Revenue rose 24% to $26.05 million from a year ago;
analysts
expected $26.30 million. 
    * SoundThinking Inc shares had fallen by 30.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "buy"

Wall Street's median 12-month price target for SoundThinking Inc
is $26.00 
This summary was machine generated from LSEG data February 28 at
01:15 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.05           0.28           Beat
 Sep. 30 2023      -0.05          -0.15          Missed
 Jun. 30 2023      -0.02          -0.22          Missed
 Mar. 31 2023      0.02           -0.15          Missed