secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDTHINKING, INC. (SSTI)
CIK:        0001351636
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000950170-23-019723
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1351636/000095017023019723/0000950170-23-019723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1351636/000095017023019723/ssti-20230509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-019723

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer