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SoundThinking, Inc. - $SSTI STOCK NEWS

Welcome to our dedicated page for SoundThinking news (Ticker: $SSTI), a resource for investors and traders seeking the latest updates and insights on SoundThinking stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SoundThinking's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SoundThinking's position in the market.

Rhea-AI Summary
SSTI: SoundThinking, Inc. Reports Record $24M Quarterly Revenues, Reaffirms FY 2023 Guidance for 15% YOY Growth and 16-18% EBITDA Margin
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Rhea-AI Sentiment
End-of-Day
8.67%
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Rhea-AI Summary
SoundThinking, Inc. to hold conference call to discuss Q3 financial results
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End-of-Day
-0.97%
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Rhea-AI Summary
SoundThinking, Inc. launches ShotCast™, a multimedia video file that provides key details of local gunfire incidents to inform the public and increase awareness about gun violence.
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Rhea-AI Sentiment
End-of-Day
4.47%
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Rhea-AI Summary
SoundThinking, Inc. announces changes to its leadership team and positions itself for expanding growth opportunities.
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5.66%
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Rhea-AI Summary
SoundThinking (Nasdaq: SSTI) acquires SafePointe, entering the $20 billion global weapons detection market. The acquisition extends SoundThinking's SafetySmart™ platform with an AI-based weapons detection solution. It also provides cross-selling opportunities and a complementary SaaS business model. SafePointe has established itself as a leader in the market with low total cost of ownership and minimal false positives and negatives. SoundThinking expects the acquisition to positively impact growth potential and earnings per share by the end of 2024.
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Rhea-AI Sentiment
End-of-Day
0.44%
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Rhea-AI Summary
SoundThinking, Inc. has released its second Environmental, Social, and Governance (ESG) Report, highlighting its commitment to positive public safety outcomes. The report focuses on community safety, social impact, governance transparency, and environmental sustainability. SoundThinking's products assist law enforcement in responding to gunfire incidents, digitize the investigative process, and support violence interruption initiatives. The report also emphasizes governance, transparency, trust, and environmental sustainability efforts. The ESG Report is available for download on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
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Rhea-AI Summary
SoundThinking, Inc. has announced the launch of ResourceRouter Community, a software solution that supports social service and community violence intervention groups. The application, integrated with ShotSpotter, helps optimize resource deployments, reduce crime, improve public safety, and increase community trust. Miami-Dade Police Department will be among the first to deploy the technology.
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Rhea-AI Sentiment
End-of-Day
2.79%
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SoundThinking, Inc. (Nasdaq: SSTI) reported Q2 2023 financial results with revenues of $22.1 million, a YoY increase of 10.5%. Gross profit was $12.7 million, representing a gross margin of 57%. The company reaffirmed its FY 2023 revenue guidance of $92 million to $94 million, a YoY growth of 15% at the midpoint. However, it reduced its FY 2023 adjusted EBITDA margin guidance to 16-18%.
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Rhea-AI Sentiment
End-of-Day
-19.85%
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SoundThinking, Inc. partners with the Fort Lauderdale Police Department to launch the Data for Good Program. The program aims to mitigate and prevent gun violence by sharing ShotSpotter precision data with community groups in high-risk areas.
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End-of-Day
-1.28%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
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SoundThinking, Inc.

Nasdaq:SSTI

SSTI Rankings

SSTI Stock Data

185.89M
8.84M
24.1%
61.06%
1.12%
Software Publishers
Information
Link
United States of America
FREMONT

About SSTI

shotspotter (nasdaq: ssti) is the leader in gunshot detection, location and forensic analysis for police departments and security personnel. shotspotter solutions are trusted by more than 90 cities to make their communities and campuses safer. we are proud to provide innovative tools for law enforcement to help them reduce gun violence and save lives; and we are passionate about constantly enhancing and expanding our offerings at one of the most unique mission-driven technology companies in the bay area. learn more about how shotspotter works: https://www.youtube.com/embed/jjsnqoivvky?autoplay=1&rel;=0