ShotSpotter Reports Record Third Quarter 2018 Financial Results
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ShotSpotter (SSTI) PT Lowered to $55 at JMP Securities
November 14, 2018 8:48 AM ESTJMP Securities analyst Joseph Osha lowered the price target on ShotSpotter (NASDAQ: SSTI) to $55.00 (from $62.00) while maintaining a Market Outperform rating following the company's 3Q earnings report.
Revenue was above consensus, albeit slightly below our own more aggressive estimates. SSTI is... More
Shotspotter (SSTI) Misses Q3 EPS by 9c, Revenues Beat; Lifts FY18 Revenue Guidance, Initiates FY19 Revenue Outlook
November 13, 2018 4:13 PM ESTShotspotter (NASDAQ: SSTI) reported Q3 EPS of ($0.13), $0.09 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $9.2 million versus the consensus estimate of $8.9 million.
Revenues increased 35% to a record of $9.2 million, up from $6.8 million in the third quarter of 2017.Gross profit was 55%, up from 50% from the third quarter of 2017.Net loss totaled $1.4 million, an improvement from the net loss of $1.6 million for the same period in... More