ShotSpotter Q3 revenue rises 28% to $14.5M; net loss of $949K vs prior year profit

SOUNDTHINKING, INC.

2021-Q3 EPS reported -$0.10 revenue$44,184,000

Revenue $14.5M (+28% YoY); gross margin 55% vs 57% year ago.
Net loss of $949K ($0.08 per share) vs net income of $566K ($0.05) in Q3 2020.
Adjusted EBITDA $2.2M (15% of revenue), down from $3.3M (29%) prior year.
Added 3 new cities, 7 expansions, and 2 campus customers; no attrition.
Cash $13.1M; $20M credit line; repurchased 26,404 shares for $0.9M.

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