ShotSpotter Q2 revenue up 30% to $14.6M; net loss of $250K; FY21 guidance reaffirmed

SOUNDTHINKING, INC.

2021-Q2 EPS reported -$0.01 revenue$29,637,000

Revenue $14.6M (+30% YoY); gross profit $8.3M (57% margin).
Net loss $(250K) vs net income $866K in Q2 2020; adj EBITDA $2.9M (20% rev).
Went live in two new cities and three expansions; cash $15.6M plus $20M credit line.
Reiterated FY2021 revenue guidance of $60M-$61M (32% YoY growth).
Repurchased 12,585 shares for ~$0.5M in quarter.

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