SoundThinking: Q2 Earnings Snapshot

FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — SoundThinking, Inc. (SSTI) on Tuesday reported a loss of $752,000 in its second quarter.

On a per-share basis, the Fremont, California-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring gains, came to 7 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The maker of gunfire detection systems posted revenue of $27 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $25.6 million.

SoundThinking expects full-year revenue in the range of $104 million to $106 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSTI at https://www.zacks.com/ap/SSTI