ShotSpotter: 2Q Earnings Snapshot
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.