SoundThinking: Q3 Earnings Insights

SoundThinking (NASDAQ:SSTI) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM. Here’s what investors…

SoundThinking (NASDAQ:SSTI) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

SoundThinking missed estimated earnings by 50.0%, reporting an EPS of $-0.09 versus an estimate of $-0.06.

Revenue was up $5.20 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.26 which was followed by a 19.85% drop in the share price the next day.

Here’s a look at SoundThinking’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.02 0.02 -0.01 -0.05
EPS Actual -0.28 -0.15 -0.11 -0.11
Revenue Estimate 21.94M 21.95M 21.38M 19.85M
Revenue Actual 22.07M 20.62M 21.00M 18.77M

To track all earnings releases for SoundThinking visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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