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.
SoundThinking, Inc. (Nasdaq: SSTI) is a public safety technology company that regularly issues news and updates about its AI- and data-driven solutions for law enforcement, civic leadership, and security professionals. The company’s news releases cover developments across its SafetySmart platform, which includes ShotSpotter, CrimeTracer, CaseBuilder, ResourceRouter, SafePointe, and PlateRanger.
Investors and public safety professionals following SoundThinking’s news can expect detailed announcements on quarterly financial results, including revenues, gross profit, net loss, Adjusted EBITDA, and Annual Recurring Revenue (ARR). The company uses these updates to explain its operating performance, recurring revenue base, and investments in AI modeling and tools that enhance its platform capabilities.
Product-focused news often highlights enhancements to key offerings. For example, SoundThinking has announced CrimeTracer Gen3 as the most significant upgrade in that product’s history, describing how it connects more than 1 billion CJIS-compliant records and introduces features such as automated patrol briefings, a patrol dashboard, a trends dashboard, enhanced natural language search, AI summarization, and entity summary pages. Other releases describe the growth of SafePointe, the AI-based weapons detection system, and the role of the Alert Review Center in providing real-time human review of alerts.
Corporate and capital markets updates appear in the form of conference participation notices, earnings call schedules, and disclosures about amendments to credit agreements. These items inform readers about SoundThinking’s interactions with investors, its revolving credit facilities, and the timing of key financial communications.
This news page aggregates these various announcements so readers can track SoundThinking’s financial reporting, product evolution, deployments with agencies and institutions, and broader public safety technology initiatives over time.
SoundThinking, Inc. (Nasdaq: SSTI) announced a conference call scheduled for May 9, 2023, at 4:30 p.m. Eastern time, to discuss its first-quarter financial results for the period ending March 31, 2023. The call will provide an opportunity for management to present the results, followed by a Q&A session. Interested parties can access a live audio webcast during the call or replay it later until May 23, 2023. SoundThinking is recognized as a leading public safety technology company, providing innovative solutions to over 250 customers and 2,000 agencies.
SoundThinking, Inc. (Nasdaq: SSTI), a key player in public safety technology, has announced over $8 million in new contracts and expansions for its ShotSpotter gunshot detection system. These contracts include a $4.7 million multi-year re-deployment in Suffolk County, NY, which will extend ShotSpotter coverage to 22 square miles—almost three times the original area. Additional contracts include a $910,000 contract in Erie, PA, a $434,000 deal in Montgomery County, PA, and a $2.1 million expansion in Cleveland, OH. This expansion follows a significant $7 million Detroit deployment, which has now gone live, bringing the total coverage to 37 miles in Detroit. These initiatives aim to enhance public safety and reduce police response times.
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