SoundThinking reports Q1 EPS (12c), consensus (14c)

Reports Q1 revenue $28.35M, consensus $26.91M. “I am pleased with our strong performance to start 2025 as our first quarter revenues grew 12% year-over-year, reflecting solid execution across our company,” said President and CEO Ralph Clark. “The strength of our value proposition and traction of the solutions that comprise our SafetySmart platform reinforce my optimism to capitalize on the growth opportunities ahead. Our flagship offering, ShotSpotter, went ‘live’ in four new cities and expanded with one existing customer. Our ShotSpotter pipeline is strong and growing across both domestic and international markets. In particular, we’re also experiencing robust momentum, with CrimeTracer(TM) and ResourceRouter in new law enforcement agency captures. We are also excited about our early success in penetrating the commercial security market with SafePointe in the weapons detection space. We believe this category represents a significant TAM extension for our company and helps address emerging security and compliance mandates in several commercial verticals.”