secwatch.observer — SEC 8-K summary
======================================

Issuer:     SOUNDTHINKING, INC. (SSTI)
CIK:        0001351636
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0000950170-24-021138
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SoundThinking Q4 revenue $26M (+24%), net income $3.6M; FY24 guide $104-106M
----------------------------------------------------------------------------

- Q4 revenues record $26.0M, up 24% YoY; GAAP net income $3.6M vs loss of $1.0M.
- Q4 gross profit $15.0M (58% margin) vs $11.9M (57% margin) in prior year.
- Adjusted EBITDA $4.8M (18% rev) vs $4.3M (20% rev) in prior year.
- FY2024 revenue guidance $104-106M (13% YoY growth at midpoint), adj EBITDA margin 18-20%.
- Secured $13.5M CaseBuilder contract with NYC Dept of Corrections; launched in Montevideo, Uruguay.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1351636/000095017024021138/0000950170-24-021138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1351636/000095017024021138/ssti-20240227.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-021138

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