ShotSpotter: 2Q Earnings Snapshot

August 2, 2018

NEWARK, Calif. (AP) _ ShotSpotter Inc. (SSTI) on Thursday reported a loss of $369,000 in its second quarter.

The Newark, California-based company said it had a loss of 3 cents per share.

The maker of gunfire detection systems posted revenue of $8.9 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $8.1 million.

ShotSpotter expects full-year revenue in the range of $33.5 million to $34 million.

ShotSpotter shares have more than tripled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $44.80, more than quadrupling in the last 12 months.


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

Update hourly