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SoundThinking: Q1 Earnings Insights – SoundThinking (NASDAQ:SSTI)

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SoundThinking SSTI reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

SoundThinking missed estimated earnings by 850.0%, reporting an EPS of $-0.15 versus an estimate of $0.02.

Revenue was down $594 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.1 which was followed by a 4.6% drop in the share price the next day.

Here’s a look at SoundThinking’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.01 -0.05 -0.03 0.09
EPS Actual -0.11 -0.11 -0.04 0.04
Revenue Estimate 21.38M 19.85M 19.85M 20.31M
Revenue Actual 21.00M 18.77M 20.02M 21.21M
Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.01 -0.05 -0.03 0.09
EPS Actual -0.11 -0.11 -0.04 0.04
Revenue Estimate 21.38M 19.85M 19.85M 20.31M
Revenue Actual 21.00M 18.77M 20.02M 21.21M

To track all earnings releases for SoundThinking visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Posted In: EarningsBZI-Recaps

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