ShotSpotter Reports Third Quarter 2019 Financial Results
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Shotspotter (SSTI) Tops Q3 EPS by 1c; Lowers Outlook
November 12, 2019 4:26 PM ESTShotspotter (NASDAQ: SSTI) reported Q3 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $10 million versus the consensus estimate of $10.9 million.
We continued to make progress on many of our key growth initiatives though our third quarter results were impacted by longer than anticipated sales cycles, said Ralph Clark, CEO of ShotSpotter. From a financial perspective, revenue for the third quarter of 2019 grew modestly... More
