secwatch.observer — SEC 8-K summary
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Issuer:     SOUNDTHINKING, INC. (SSTI)
CIK:        0001351636
Form:       8-K/A
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0000950170-24-095374
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

SoundThinking Q2 revenue up 22% to record $27M; EBITDA more than doubles; reaffirms FY guidance
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- Revenues rose 22% YoY to record $27.0M; GAAP net loss narrowed to $0.8M from $2.7M.
- Adjusted EBITDA surged over 110% to $5.1M (19% of revenues) vs $2.4M (11%) in prior year.
- Reaffirmed FY2024 revenue guidance $104M-$106M (13% YoY growth at midpoint) and Adjusted EBITDA margin 18%-20%.
- Repurchased 134,150 shares for ~$2.0M under $25M buyback program.
- ShotSpotter went live in three new cities and expanded with four current cities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1351636/000095017024095374/0000950170-24-095374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1351636/000095017024095374/ssti-20240806.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-095374

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