SoundThinking(SSTI)
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SoundThinking Opens New Alert Review Center in Orlando, Establishing Permanent Hub for SafePointe Operations
Globenewswire· 2025-12-17 13:30
Summary: SoundThinking opens a new in-office Alert Review Center in downtown Orlando, FL, creating a centralized operational hub and the opportunity for nearly 30 public-safety jobs in the region. FREMONT, Calif., Dec. 17, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology company, today announced the opening of its new Alert Review Center (ARC) in downtown Orlando. The office will serve as the permanent home for the company’s SafePointe® alert review operations, ...
SoundThinking to Participate in the Needham Growth Conference
Globenewswire· 2025-12-16 13:00
FREMONT, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology provider, announced today that Alan Stewart, Chief Financial Officer, will participate virtually in the 28th Annual Needham Growth Conference on Thursday, January 15, 2026. Investors interested in scheduling either one-on-one or group meetings with management should contact a Needham representative or SoundThinking’s investor relations team at SSTI@soleburystrat.com. About SoundThinkingS ...
Law Enforcement Software Market Set for Steady Growth to USD 40.82 Billion by 2033, Driven by Rising Digital Policing and Public Safety Needs | SNS Insider
Globenewswire· 2025-12-13 14:00
Market Overview - The Law Enforcement Software Market was valued at USD 18.86 billion in 2025 and is projected to reach USD 40.82 billion by 2033, growing at a CAGR of 10.13% from 2026 to 2033 [1]. Growth Drivers - The expanding use of digital tools for public safety management, crime prevention, and investigation is driving growth in the law enforcement software market [2]. - The adoption of automated platforms and digital technologies is enhancing operational efficiency in police and public safety organizations [4]. Market Segmentation By Component - The solutions segment dominated the market with over 68.25% market share in 2025, driven by the need for operational efficiency and advanced tools [5]. - The services segment is expected to grow at the highest CAGR of 10.57% during the forecast period due to the demand for continuous support and training [5]. By Deployment - The cloud segment represented more than 71.48% of the market share in 2025, favored for its scalability, cost-efficiency, and accessibility [7]. - The on-premises segment is anticipated to grow at a CAGR of over 10.63%, offering customizable solutions for agencies [7]. Regional Insights - North America accounted for more than 36.23% of the law enforcement software market in 2023, integrating advanced technologies like AI and Big Data analytics [8]. - The Asia Pacific region is experiencing the highest growth rate with a CAGR of over 12.25% from 2026 to 2033, driven by urbanization and demand for advanced public safety solutions [9]. Key Players and Developments - Notable companies in the market include Axon, Motorola Solutions, Tyler Technologies, IBM, and Oracle, among others [12]. - Recent developments include Axon's introduction of new AI-powered tools and Oracle's enhancements to its Public Safety Suite with officer-worn cameras and real-time analytics [12].
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts - Circle Internet Group (NYSE:CRCL), Advanced Micro Devices (NASDAQ:AMD)
Benzinga· 2025-11-17 11:36
Market Overview - U.S. stocks closed mostly lower on Friday, with the Dow Jones index dropping over 300 points during the session [1] - The Nasdaq fell by 0.5% last week, while the S&P 500 and Dow increased by 0.1% and 0.3%, respectively [1] Analyst Insights - Wall Street analysts frequently update stock picks, but their track records in predicting market movements can be inconsistent, leading to confusion among investors [2] - Benzinga's Analyst Ratings API compiles high-quality stock ratings through partnerships with major sell-side banks, providing insights that can serve as effective trading indicators [3] Top Analyst Picks - Benzinga offers access to the latest analyst ratings, allowing traders to sort by analyst accuracy [4] - Notable analysts and their recent ratings include: - John Todaro from Citigroup maintained a Neutral rating on HP Inc. (NYSE:HPQ) and reduced the price target from $29 to $27, indicating a potential upside of around 13% [5] - An analyst from Citizens maintained a Market Outperform rating on SoundThinking, Inc. (NASDAQ:SSTI) and cut the price target from $19 to $16, suggesting a potential upside of approximately 125% [5] - An analyst from Needham maintained a Buy rating on Circle Internet Group (NASDAQ:CRCL) and lowered the price target from $250 to $190, expecting a surge of around 129% [5] - An analyst from Wedbush reiterated an Outperform rating on Advanced Micro Devices, Inc. (NASDAQ:AMD) with a price target of $290, anticipating a gain of about 17% [5] - An analyst from Wells Fargo maintained an Overweight rating on NVIDIA Corporation (NASDAQ:NVDA) and raised the price target from $220 to $265, expecting a 40% gain [7]
SoundThinking(SSTI) - 2025 Q3 - Quarterly Report
2025-11-13 21:17
Financial Performance - Revenues for the three months ended September 30, 2025, were $25.1 million, a decrease of 4% compared to $26.3 million for the same period in 2024, with ShotSpotter representing approximately 65% of total revenues[92] - For the nine months ended September 30, 2025, revenues increased by 1% to $79.3 million from $78.6 million in 2024, with ShotSpotter accounting for 63% of total revenues[93] - The City of New York accounted for 30% of total revenues for the nine months ended September 30, 2025, while the City of Chicago did not renew its contract in November 2024[93] - Revenues generated within the United States accounted for 97% of total revenues for the three months ended September 30, 2025, down from 99% in 2024[94] - Revenues for Q3 2025 were $25.1 million, a decrease of 4% from $26.25 million in Q3 2024, primarily due to a $2.8 million contract with the City of Chicago in 2024[136] - Revenues for the nine months ended September 30, 2025, increased by $0.7 million to $79.3 million, primarily driven by $4.4 million in new bookings and $3.5 million in catch-up revenue from contract renewals[144][145] Net Loss and Expenses - The company reported a net loss of $2.0 million for the three months ended September 30, 2025, compared to a net loss of $1.4 million for the same period in 2024[96] - The company reported a net loss of $2.044 million in Q3 2025, compared to a net loss of $1.44 million in Q3 2024, marking a 42% increase in losses[136] - Operating loss increased by 53% to $6.2 million, reflecting higher operating expenses despite a decrease in sales and marketing expenses[144][148] - The accumulated deficit increased to $110.9 million as of September 30, 2025, from $104.3 million at the end of 2024[96] Operating Expenses - Cost of revenues increased by $0.4 million to $11.229 million, primarily due to product costs related to software licensing for the NYPD and maintenance activities for ShotSpotter deployments[138] - Gross profit for Q3 2025 was $13.634 million, representing 54% of revenues, down from 58% in Q3 2024[136] - Operating expenses totaled $15.69 million in Q3 2025, a decrease of 4% from $16.263 million in Q3 2024, with sales and marketing expenses decreasing by $1.4 million[136] - Research and development expenses increased by $0.7 million to $4.097 million, driven by investments in enhancing AI capabilities[140] - Cost of revenues rose by $2.9 million to $35.0 million, with significant contributions from $1.0 million in IT costs for AI enhancements and $0.8 million in maintenance costs[144][146] - Research and development expenses increased by $1.5 million to $11.9 million, driven by consulting and IT expenses related to AI capabilities[144][149] Cash Flow and Financial Position - Net cash provided by operating activities fell by $18.3 million to $4.8 million, attributed to slower collections and a decrease in deferred revenue[165][167] - As of September 30, 2025, cash and cash equivalents totaled $11.8 million, with accounts receivable at $28.5 million and available borrowing capacity of $36.0 million under the credit facility[156] - The company expects existing cash and credit facilities to meet working capital needs for at least the next 12 months despite negative working capital[157][158] Strategic Initiatives - The company introduced new products such as ResourceRouter and CrimeTracer, and expanded its offerings through the acquisition of SafePointe, targeting new markets including healthcare due to California's AB 2975 mandate[98] - The company plans to expand its international presence and pursue opportunities in Latin America, recognizing the need for additional resources and management attention[99] - The company completed the acquisition of SafePointe for $25.6 million, funded by $11.4 million in cash and $11.2 million in stock[160] Market Risks - The company’s market risk exposure is primarily due to fluctuations in interest rates, foreign exchange rates, and inflation[176] - There were no material changes in the company's market risk during the nine months ended September 30, 2025, compared to the previous disclosures[177] - The company anticipates that rising costs from inflation may lead to budget shortfalls for customers, potentially delaying contract approvals[112] Contractual and Operational Metrics - As of September 30, 2025, the company had 178 cities and 22 campuses/sites under contract, covering over 1,088 square miles, with 1,075 square miles already live[87] - The net new "go-live" cities and universities for the three months ended September 30, 2025, were 3, while for the nine months, it was 7, compared to 15 in the same period of 2024[100] - The impairment of property and equipment increased significantly by 339% to $237,000 in Q3 2025, compared to $54,000 in Q3 2024[136] Accounting Policies - As of September 30, 2025, there have been no material changes to the company's critical accounting policies and estimates from those disclosed in the 2024 Annual Report on Form 10-K[173]
SoundThinking Analysts Cut Their Forecasts After Weak Q3 Results - SoundThinking (NASDAQ:SSTI)
Benzinga· 2025-11-13 15:27
Core Insights - SoundThinking, Inc. reported worse-than-expected Q3 financial results, with losses of 16 cents per share compared to the analyst consensus estimate of 6 cents per share [1] - Quarterly sales were $25.100 million, missing the analyst consensus estimate of $27.953 million [1] - The company cut its FY2025 sales guidance from a range of $111 million-$113 million to $104 million [2] Financial Performance - Q3 losses were reported at 16 cents per share, missing expectations [1] - Sales for the quarter were $25.100 million, below the expected $27.953 million [1] Guidance Update - FY2025 sales guidance was revised down from $111 million-$113 million to $104 million [2] Company Developments - The company is focused on enhancing community safety through data and technology, with recent expansions in its ShotSpotter footprint and new AI capabilities [3] - The Net Promoter Score increased from 66 to approximately 70, indicating strong customer satisfaction and retention [3] Market Reaction - Following the earnings announcement, SoundThinking shares fell by 19.6%, trading at $6.78 [3] Analyst Ratings - Cantor Fitzgerald analyst maintained an Overweight rating but lowered the price target from $20 to $16 [6] - Citizens analyst also maintained a Market Outperform rating while reducing the price target from $19 to $16 [6]
SoundThinking Analysts Cut Their Forecasts After Weak Q3 Results
Benzinga· 2025-11-13 15:27
Core Insights - SoundThinking, Inc. reported worse-than-expected Q3 financial results, with losses of 16 cents per share compared to the analyst consensus estimate of 6 cents per share [1] - Quarterly sales were $25.100 million, missing the analyst consensus estimate of $27.953 million [1] - The company cut its FY2025 sales guidance from a range of $111 million to $113 million down to $104 million [2] Financial Performance - The reported quarterly losses were significantly higher than expected, indicating potential challenges in revenue generation [1] - The sales figure of $25.100 million reflects a shortfall against market expectations, suggesting weaker demand or operational issues [1] Management Commentary - CEO Ralph Clark emphasized the company's commitment to enhancing community safety through data and technology, highlighting recent advancements such as the expansion of ShotSpotter and the introduction of new AI capabilities [3] - The company's Net Promoter Score improved from 66 to approximately 70, indicating strong customer satisfaction and retention [3] Market Reaction - Following the earnings announcement, SoundThinking shares experienced a significant decline of 19.6%, trading at $6.78 [3] Analyst Ratings - Cantor Fitzgerald analyst Jonathan Ruykhaver maintained an Overweight rating but lowered the price target from $20 to $16 [6] - Citizens analyst Trevor Walsh also maintained a Market Outperform rating while reducing the price target from $19 to $16 [6]
Stock Market Today: S&P 500, Nasdaq Futures Slip, Dow Rises As Trump Signs Bill To Reopen Government—Walt Disney, Applied Materials, Cisco In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-11-13 10:21
Market Overview - U.S. stock futures showed mixed movements following a mixed trading session on Wednesday, with major benchmark indices reflecting varied changes [1][3] - The 10-year Treasury bond yielded 4.08%, while the two-year bond was at 3.57%, indicating market expectations for potential interest rate cuts by the Federal Reserve [2] Company Performance - Cisco Systems Inc. (NASDAQ:CSCO) saw a premarket increase of 7.04% after reporting positive financial results for the first quarter, maintaining a stronger price trend across all time frames despite a poor value ranking [7] - Walt Disney Co. (NYSE:DIS) was up 0.29% ahead of its earnings report, with analysts predicting earnings of $1.04 per share on revenue of $22.75 billion, also showing a strong price trend [8] - Applied Materials Inc. (NASDAQ:AMAT) rose 0.55% as analysts expect earnings of $2.10 per share on revenue of $6.67 billion, maintaining a strong price trend [8] - SoundThinking Inc. (NASDAQ:SSTI) fell 3.32% after reporting disappointing third-quarter results and lowering its FY25 sales guidance, reflecting a weaker price trend [8] - Dlocal Ltd. (NASDAQ:DLO) dropped 11.37% despite beating third-quarter estimates, as its gross profit margin declined to 37% from 42% year-over-year, indicating a weaker price trend in the short and medium terms [8] Sector Performance - Most sectors on the S&P 500 closed positively, with healthcare, financial, and materials stocks recording the largest gains on Wednesday [5] Analyst Insights - BlackRock maintains an "overweight" view on U.S. equities, supported by a softening labor market that may allow the Federal Reserve to cut interest rates, which could benefit U.S. stocks and the AI sector [9] - The firm emphasizes that AI developments are crucial for corporate earnings, which are seen as a key factor supporting U.S. market valuations compared to other developed markets [10] Economic Data - Upcoming economic data releases, including October's CPI and initial jobless claims, will be delayed due to the recent government shutdown, impacting market expectations [13]
Stock Market Today: S&P 500, Nasdaq Futures Slip, Dow Rises As Trump Signs Bill To Reopen Government—Walt Disney, Applied Materials, Cisco In Focus
Benzinga· 2025-11-13 10:21
Market Overview - U.S. stock futures showed mixed movements following a mixed trading session on Wednesday, with major indices experiencing slight fluctuations [1] - The 10-year Treasury bond yielded 4.08%, while the two-year bond was at 3.57%, indicating market expectations for potential interest rate cuts by the Federal Reserve [2] Stock Performance - Cisco Systems Inc. (NASDAQ:CSCO) saw a premarket increase of 7.04% after reporting positive financial results for the first quarter, maintaining a stronger price trend across various time frames [7] - Walt Disney Co. (NYSE:DIS) was up 0.29% ahead of its earnings report, with analysts predicting earnings of $1.04 per share on revenue of $22.75 billion, also showing a strong price trend [8] - Applied Materials Inc. (NASDAQ:AMAT) rose 0.55% with expected earnings of $2.10 per share on revenue of $6.67 billion, maintaining a strong price trend [8] - SoundThinking Inc. (NASDAQ:SSTI) fell 3.32% after disappointing third-quarter results and lowering its FY25 sales guidance, reflecting a weaker price trend [8] - Dlocal Ltd. (NASDAQ:DLO) dropped 11.37% despite beating third-quarter estimates, as its gross profit margin declined to 37% from 42% year-over-year, indicating a weaker price trend in the short and medium terms [8] Sector Performance - Most sectors on the S&P 500 closed positively, with healthcare, financial, and materials stocks recording the largest gains on Wednesday [5] Analyst Insights - BlackRock maintains an "overweight" view on U.S. equities, supported by a softening labor market that may allow the Federal Reserve to cut interest rates, which could benefit U.S. stocks and the AI sector [9] - The firm emphasizes that AI developments are crucial for corporate earnings, which are seen as a key factor supporting U.S. market valuations compared to other developed markets [10] Economic Data - Upcoming economic data releases, including October's CPI and initial jobless claims, will be delayed due to the recent government shutdown, impacting market expectations [11][13]
Cisco, Walt Disney And 3 Stocks To Watch Heading Into Thursday - Cisco Systems (NASDAQ:CSCO)
Benzinga· 2025-11-13 07:14
分组1 - Walt Disney Co. is expected to report quarterly earnings of $1.04 per share on revenue of $22.75 billion [2] - Cisco Systems Inc. reported first-quarter revenue of $14.88 billion, exceeding analyst estimates of $14.77 billion, and raised its fiscal 2026 guidance [2] - Cisco's adjusted earnings for the first quarter were $1.00 per share, surpassing analyst expectations of 98 cents per share [2] - Applied Materials Inc. is anticipated to post quarterly earnings of $2.10 per share on revenue of $6.67 billion [2] - SoundThinking Inc. reported disappointing third-quarter results and lowered its FY25 sales guidance, leading to an 11.6% drop in shares [2] - JD.Com Inc. is expected to report quarterly earnings of 34 cents per share on revenue of $41.33 billion [2]