ShotSpotter Reports Third Quarter 2019 Financial Results

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Go back to ShotSpotter Reports Third Quarter 2019 Financial Results

Shotspotter (SSTI) Tops Q3 EPS by 1c; Lowers Outlook

November 12, 2019 4:26 PM EST

Shotspotter (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