Shotspotter (SSTI) Tops Q2 EPS by 7c; Tightens Outlook

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ShotSpotter (SSTI) PT Raised to $60 at Roth Capital Following 2Q

August 3, 2018 7:24 AM EDT

Roth Capital raised its price target on ShotSpotter (NASDAQ: SSTI) to $60.00 (from $43.00) while maintaining a Buy rating following the company's 2Q earnings report. 2Q revenues of $8.9M grew 53% yr/yr, up from 1Q18's strong 51% level. Adjusted EBITDA of $1.6M also well-exceeded $0.5M estimate. EPS of... More