SoundThinking Inc Stock Price, News & Analysis

ShotSpotter (NASDAQ: SSTI) will hold a conference call on August 9, 2022, at 4:30 p.m. ET to discuss its Q2 2022 financial results.

Participants can join via U.S. dial-in at 1-877-326-9228 or international at 1-412-542-4180. The call will be webcast live and available for replay on the company’s investor relations website.

ShotSpotter provides precision policing technology solutions to over 200 customers, improving public safety and law enforcement capabilities.

ShotSpotter, Inc. (Nasdaq: SSTI) has launched ShotSpotter GCM™, an innovative digital case management solution aimed at improving the investigative process for gun crimes. This new tool automates the input of critical information, identifies associated cases, and facilitates collaboration among law enforcement, addressing the challenges posed by staffing shortages and increasing gun violence. The system enhances operational efficiency by streamlining data sharing and analysis, ultimately aiming to solve more gun crime cases and improve closure rates.

ShotSpotter, Inc. (NASDAQ: SSTI) will participate in multiple financial conferences in June 2022. Key events include the William Blair 42nd Annual Growth Stock Conference on June 8, featuring CFO Alan Stewart, and the Stifel 2022 Cross Sector Insight Conference on June 9, presenting CEO Ralph Clark. Additionally, the company will engage in one-on-one meetings at the Roth Virtual London Conference from June 21-23 and participate in the Cantor Fitzgerald Technology ESG Conference on June 28-29. These conferences aim to enhance investor relations and showcase ShotSpotter's advancements in precision policing technology.

Nautilus, Inc. (NYSE:NLS) has appointed Ruby Sharma to its Board of Directors, effective May 18, 2022. With over 30 years of experience in business transformation and investor relations, Sharma's expertise is expected to enhance the company's strategic direction. Her role comes as the company advances its long-term goals in the connected home fitness industry. The announcement also includes the retirement of long-time board members Richard Horn and Marvin Siegert at the upcoming shareholders' meeting on August 2, 2022.

ShotSpotter, Inc. (NASDAQ: SSTI) announced a strong first quarter for 2022, with revenues soaring 41% year-over-year to a record $21.2 million. Gross profit increased by 46% to $12.7 million, improving margins. The company reported GAAP net income of $387,000 and a 35% rise in Adjusted EBITDA to $4.5 million. Reiterating its full-year revenue guidance of $81 million to $83 million, SSTI also raised its Adjusted EBITDA margin outlook to 19% to 21%. Notably, the company completed the acquisition of Forensic Logic and expanded its service offerings in several cities.

Thomas Chittum, Esq. has been appointed Vice President of Analytics and Forensic Services at ShotSpotter (NASDAQ: SSTI), effective June 1, 2022. Previously serving as Associate Deputy Director at the ATF for over 20 years, Chittum brings extensive experience in investigating gun crime and promoting crime gun intelligence tools. His new role will focus on enhancing ShotSpotter's forensic services and supporting law enforcement partners in analyzing gun violence data. Chittum expresses enthusiasm about leveraging ShotSpotter’s technology for improving public safety.

ShotSpotter, Inc. (Nasdaq: SSTI) has released a significant upgrade to its ShotSpotter Connect patrol management software, introducing new analytical tools aimed at enhancing crime prevention efforts. This upgrade includes advanced reporting features, interactive data visualizations, and a streamlined interface, allowing law enforcement to better assess patrol effectiveness. Key features include a new Crime & Dosage report, custom data layers, and heatmaps to visualize patrol activity. The enhancements are designed to improve resource allocation and community engagement without increasing policing pressure.

ShotSpotter, Inc. (NASDAQ: SSTI) will host a conference call on May 10, 2022, at 4:30 p.m. ET to discuss its Q1 2022 financial results. The call will include a presentation followed by a Q&A session. Interested parties can dial in using U.S. number 1-844-826-3033 or international number 1-412-317-5185. A live audio webcast will be available simultaneously and can be accessed via the company's website. A replay will be available post-call until June 10, 2022.

ShotSpotter is known for its precision policing technology used by over 200 cities.

ShotSpotter (Nasdaq: SSTI) announced that the Associated Press has corrected a previous false report from VICE Media regarding its gunshot detection technology. The AP retracted claims that ShotSpotter altered gunfire coordinates in a 2014 case involving Chicago’s Michael Williams. Other media entities, including the Daily Mail and The Register, also retracted similar claims. ShotSpotter emphasized the integrity of its forensic evidence and expressed concern over the impact of misinformation on its reputation and trust built over 25 years.