SoundThinking Inc reports results for the quarter ended September 30 - Earnings Summary

Soundthinking

12/11/2024 23:26

* SoundThinking Inc  SSTI.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -15 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 7 cents per
share. Wall Street expected results to range from -10 cents
to -5 cents per share.
    * Revenue rose 9.5% to $26.25 million from a year ago;
analysts
expected $25.98 million. 
    * SoundThinking Inc's reported EPS for the quarter was a
loss
of 11 cents​.
    * The company reported a quarterly loss of $1.44 million.
    * SoundThinking Inc shares had risen by 7.8% this
quarter and
lost 51.1% so far this year.

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 5 "strong buy" or "buy," 2
"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 $20.50 
This summary was machine generated from LSEG data November 12 at
11:25 p.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
 Sep. 30 2024      -0.07          -0.11          Missed
 Jun. 30 2024      -0.09          -0.06          Beat
 Mar. 31 2024      -0.08          -0.23          Missed
 Dec. 31 2023      0.05           0.28           Beat