ShotSpotter, Inc. (NASDAQ:SSTI) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, SSTI is expected to report 3Q20 income of $ 0.03 per share from revenue of $ 11.20 million.
For the full year, analysts anticipate top line of $ 44.67 million, while looking forward to income of $ 0.15 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 43.50 million ~ $ 45.50 million
Click Here For More Historical Outlooks Of ShotSpotter, Inc.
Previous Quarter Performance
ShotSpotter, Inc. announced income for the second quarter of $ 0.07 per share, from the revenue of $ 11.28 million. The quarterly earnings gained 133.33 percent while revenues grew 9.94 percent compared with the same quarter last year. The top line results outshined analysts by $ 0.54 million or 5.03 percent.
Stock Performance
On Friday, shares of ShotSpotter, Inc. has traded high as $ 32.49 and has cracked $ 30.20 on the downward trend, reaching $ 32.49 with volume of 75.20 thousand shares.
According to the previous trading day, closing price of $ 32.49, representing a 60.59 % increase from the 52 week low of $ 19.21 and a 24.76 % decrease over the 52 week high of $ 41.00.
The company has a market capital of $ 371.10 million and is part of the Technology sector and Software – Application industry.
Conference Call
ShotSpotter, Inc. will be hosting a conference call at 4:30 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.shotspotter.com
ShotSpotter, Inc. provides precision-policing and security solutions for law enforcement and security personnel in the United States and South Africa. Its solutions include ShotSpotter Flex, a public safety solution, which serves cities and municipalities to identify, locate, and deter gun violence by incorporating a real-time gunshot detection system into their policing systems; and ShotSpotter Missions, a cloud-based patrol management solution to help police departments plan patrol missions and tactics for crime deterrence.
