SoundThinking Inc Stock Price, News & Analysis

SoundThinking (Nasdaq: SSTI) reported Q2 2025 financial results with revenues of $25.9 million, down 4% year-over-year. The company posted a GAAP net loss of $3.1 million, compared to a $0.8 million loss in Q2 2024. Gross profit decreased 14% to $13.8 million (53% of revenues).

The company reaffirmed its FY 2025 guidance with revenue between $111.0-113.0 million (10% YoY growth at midpoint) and Adjusted EBITDA margin of 20-22%. Annual Recurring Revenue (ARR) is expected to grow from $95.6 million to approximately $110.0 million by early 2026.

During Q2, SoundThinking expanded its ShotSpotter solution to four new cities and one university, while also expanding with four existing customers. The company repurchased 31,570 shares for approximately $0.5 million.

SoundThinking (Nasdaq: SSTI), a public safety technology provider, has scheduled its Q2 2025 earnings conference call for August 12, 2025, at 4:30 p.m. ET. The company will release its financial results for the quarter ended June 30, 2025, via press release before the call.

The management team will host a presentation followed by a Q&A session. Investors can access the call through U.S. dial-in (877-407-8029) or International dial-in (1-201-689-8029). A live audio webcast will be available on the company's website, with a replay accessible until August 26, 2025.

SoundThinking (NASDAQ: SSTI) has released its fourth annual ESG Report, showcasing its commitment to advancing public safety through responsible technology. The report highlights four key areas: public safety technology through its SafetySmart platform, social impact via community engagement and Data for Good program, governance improvements including AI oversight and diversity initiatives, and environmental sustainability efforts including solar-powered solutions and e-waste management. CEO Ralph Clark emphasized the company's focus on scaling impactful solutions while building a values-driven business. The report, aligned with SASB framework and UN SDGs, details SoundThinking's progress in combining technology innovation with public safety, while maintaining transparency and accountability standards.

SoundThinking (Nasdaq: SSTI), a public safety technology company, has announced its participation in the upcoming UBS SMID-Cap Multisector Virtual Conference scheduled for June 24, 2025. During the conference, the company's management team will be available to engage with investors through one-on-one and small group meetings. Interested investors can arrange meetings through their UBS representative or by contacting SoundThinking's investor relations team.

SoundThinking (NASDAQ: SSTI) joins National Police Week 2025 (May 11-17) to honor law enforcement officers and their sacrifices. The company acknowledges the 148 officers who lost their lives in 2024, adding to over 24,000 names on the National Law Enforcement Officers Memorial. CEO Ralph Clark reaffirmed the company's commitment to supporting law enforcement through various initiatives and partnerships.

SoundThinking demonstrates its support through partnerships with organizations including First Responder Therapy Dogs, Detroit Public Safety Foundation, Miami's Do the Right Thing program, and others. The company provides mission-critical public safety technologies for real-time situational awareness and better decision-making in the field.

SoundThinking (SSTI) reported Q1 2025 financial results with revenues increasing 12% to $28.3 million, driven by $3.5 million in catch-up revenue from renewed NYPD contracts. The company posted a gross profit of $16.6 million (59% margin) and reduced its net loss to $1.5 million from $2.9 million year-over-year. Adjusted EBITDA improved to $4.5 million (16% of revenues). The company reaffirmed its FY 2025 revenue guidance of $111-113 million but reduced Adjusted EBITDA margin guidance to 20-22%. SoundThinking expanded its ShotSpotter presence in four new cities and grew with one existing customer. The company maintains a strong focus on AI and machine learning innovations while targeting long-term financial goals of 70% gross margin and 40% Adjusted EBITDA margin.

SoundThinking (Nasdaq: SSTI) has announced the beta release of generative AI capabilities for its CrimeTracer law enforcement search engine. The new chatbot technology enables natural language processing for investigators to search and discover critical information across billions of records.

The AI-powered functionality, currently in beta testing with select agencies, will be available to all CrimeTracer customers this summer at no additional cost. CrimeTracer is presently used by approximately 2,100 law enforcement agencies nationwide, with users conducting millions of searches annually.

Key benefits include:

• Natural language queries replacing complex search syntax
• More comprehensive results across disparate data sources
• Increased efficiency in search formulation and analysis
• Democratized access to advanced search capabilities

SoundThinking (SSTI), a public safety technology company, has announced its first quarter 2025 earnings conference call scheduled for Tuesday, May 13, 2025, at 4:30 p.m. ET. The company will release its financial results for Q1 2025 (ended March 31) prior to the call.

Management will host a presentation followed by Q&A, with both domestic and international dial-in options available. A live audio webcast will be accessible via the company's website, with replay available until May 27, 2025.

Additionally, company executives will participate in three upcoming investor conferences:

• Ladenburg Thalmann Innovation Expo 2025 in New York (May 21)
• Wolfe Research Small and Mid-Cap Conference virtually and in NYC (June 4-5)
• ROTH London Conference at Four Seasons Hotel London (June 25)

SoundThinking (NASDAQ: SSTI) has appointed Burton Goldfield, former President and CEO of TriNet, to its Board of Directors effective April 17, 2025. Goldfield will serve on both the Audit Committee and Compensation and Human Capital Committee.

Goldfield brings extensive executive leadership experience, notably from his tenure at TriNet Group where he led the company through its IPO in March 2014 and executed multiple strategic acquisitions including Gevity, AccordHR, SOI, ExpenseCloud, Ambrose, Zenefits, and Clarus R+D Solutions. Prior to TriNet, he served as CEO at Ketera Technologies and held senior positions at Hyperion Solutions and IBM's Rational Software division.

Currently, Goldfield serves on the Board of Directors of EvoNexus and as Chairman of the Board at FinancialForce. He has been recognized as 'Most Admired CEO' by San Francisco Business Times and received the Gold Award for 'CEO of the Year' from CEO World Awards.