---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-019723"
form_type: "8-K"
ticker: "SSTI"
cik: "0001351636"
company_name: "SOUNDTHINKING, INC."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:34:19.572474+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SoundThinking Q1 revenue falls 3% YoY; cuts FY 2023 guidance to $92M-$94M

## Summary
- Revenue of $20.6M vs $21.2M YoY; GAAP net loss $1.8M vs $387k income.
- Adjusted EBITDA $2.9M (14% of rev) vs $4.5M (21%) YoY.
- FY 2023 revenue guidance reduced to $92M-$94M (15% growth midpoint); EBITDA margin guidance retained at 24%-26%.
- Six new cities live on ShotSpotter; repurchased 35,369 shares for $1.3M.

## SEC filing metadata
- accession: 0000950170-23-019723
- form_type: 8-K
- ticker: SSTI
- cik: 0001351636
- company_name: SOUNDTHINKING, INC.
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1351636/000095017023019723/0000950170-23-019723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1351636/000095017023019723/ssti-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-019723
- JSON: https://secwatch.observer/filing/0000950170-23-019723.json
- Plain text: https://secwatch.observer/filing/0000950170-23-019723.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.