The letter to the Congressional delegation states: "Let us be clear: ShotSpotter is effective, accurate, and welcomed in our communities, and has the proven capability to save lives and help us effectively respond to gun violence." The letter is signed by: An Open Letter to Senators Elizabeth Warren (MA), Ed Markey (M About SoundThinking BOSTON, July 02, 2024 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company, today announced the p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to SoundThinking, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 47-0949915 (State or other jurisdiction of incorporation or organization) ...

SoundThinking, Inc. (NASDAQ:SSTI) Q1 2024 Earnings Conference Call May 14, 2024 4:30 PM ET Company Participants Ralph Clark - President, CEO & Director Alan Stewart - CFO Conference Call Participants Richard Baldry - ROTH Capital CJ DiPollino - Craig-Hallum Capital Group Aditya Dagaonkar - Northland Capital Markets Trevor Walsh - JMP Securities Yi Fu Lee - Cantor Fitzgerald Louie DiPalma - William Blair Operator Good afternoon and welcome to SoundThinking's First Quarter 2024 Conference Call. My name is Joe ...

Exhibit 99.1 SoundThinking, Inc. Reports First Quarter 2024 Financial Results Revenues Increased 23% to $25.4 Million, Driven by New and Expanding Customer Subscriptions, and Contributions from SafePointe Company Reaf irms FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year- Over-Year Growth at the Midpoint and FY 2024 Adjusted EBITDA Margin Guidance Range of 18 to 20% FREMONT, CA – May 14, 2024 – SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 (Mark One) FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38107 SoundThinking, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 47-0949915 (State or other jurisdiction of in ...

Exhibit 99.1 SoundThinking, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results Revenues Increased 24% to a Record $26.0 Million, Marking Highest Quarterly Revenues in Company History Company Introduces FY 2024 Revenue Guidance Range of $104.0 Million to $106.0 Million, Representing 13% Year- Over-Year Growth at the Midpoint and FY 2024 Adjusted EBITDA Margin Guidance Range of 18 to 20% FREMONT, CA – February 27, 2024 – SoundThinking, Inc. (Nasdaq: SSTI), a leading public safety technology comp ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38107 SoundThinking, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 47-0949915 (State or other jurisdic ...

SoundThinking, Inc. (NASDAQ:SSTI) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Ralph Clark - President, CEO & Director Alan Stewart - CFO Conference Call Participants Richard Baldry - ROTH MKM Partners Michael Latimore - Northland Capital Markets Yi Fu Lee - Cantor Fitzgerald Operator Good afternoon, and welcome to SoundThinking's Third Quarter 2023 Conference Call. My name is Ariel, and I will be your operator for today's call. Joining us are SoundThinking's CEO, Ralph ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38107 SoundThinking, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 47-0949915 (State or other jurisdiction ...

Financial Data and Key Metrics - The company maintains its full-year 2023 revenue guidance in the range of $92 million to $94 million, while adjusting the adjusted EBITDA margin to 16% to 18% of revenues [1][4] - Q2 2023 revenues were $22.1 million, a 10% increase compared to $20 million in Q2 2022 [6] - Gross profit for Q2 2023 was $12.7 million or 57% of revenue, compared to $11.6 million or 58% of revenue in Q2 2022 [6] - Adjusted net income for Q2 2023 was a loss of $3.5 million or $0.28 per share, compared to a loss of $427,000 or $0.04 per share in Q2 2022 [8] - Adjusted EBITDA for Q2 2023 was $2.4 million or 11% of revenues, down from $4.1 million or 20% of revenues in Q2 2022 [62][64] - The company ended Q2 with $3.9 million in cash and cash equivalents, down from $10.5 million at the end of Q4 2022 [16] Business Line Data and Key Metrics - The company launched ShotSpotter in seven new cities and one new university, and expanded in seven current cities and one current university in Q2 [2] - The company expects to add approximately 140 new miles of ShotSpotter coverage in 2023, a 40% increase compared to 2022 [31] - The company closed three cross-sell/bundled deals in Q2, with the pipeline for such deals growing [53] - The company is negotiating an agreement with PredPol to transition their customers to SoundThinking's ResourceRouter solution and acquire their patents [22] Market Data and Key Metrics - The company is seeing increased interest in its SafetySmart platform solutions across various markets [2] - The company is working with the Chicago Police Department to demonstrate the value of ShotSpotter in saving lives and enhancing investigations [20] - The company is negotiating a multiyear contract with Puerto Rico, following a 90-day interim extension [24][43] Company Strategy and Industry Competition - The company is focused on expanding its competitive moat with new features like Ground Truth and Shot Cast, which enhance law enforcement transparency and effectiveness [52] - The company is investing in innovation, including a new acoustic gunshot detection sensor platform with improved accuracy [21] - The company is leveraging its platform to target new buying centers, such as state-level agencies, in addition to traditional local law enforcement [109] Management Commentary on Operating Environment and Future Outlook - The company is confident in its growth trajectory, particularly in partnering with law enforcement for digital transformation [13] - The company expects gross margins to improve in the second half of 2023, driven by the large CaseBuilder contract with the Department of Corrections [6][74] - The company anticipates that G&A expenses will decrease as a percentage of revenues in Q3 and Q4, despite staying similar in absolute dollars [32] - The company is optimistic about its prospects for a multiyear contract award in Puerto Rico, given its track record and value to the Puerto Rico Police Department [43] Other Important Information - The company repurchased 100,401 shares at an average price of $23.79 for approximately $2.4 million in Q2 [16] - The company has approximately $25 million available on its line of credit and no short or long-term debt outstanding [16] - The company experienced zero attrition in Q2 [48] Q&A Session Summary Question: Can you provide more details on the potential upside to the 140-mile ShotSpotter deployment forecast? - The company is working on closing several deals that could add an additional 10 miles, depending on the timing of contract negotiations and deployment [10][67] Question: Can you discuss the factors around deploying the large CaseBuilder deal and its impact on the P&L? - The company has already staffed up for the Department of Corrections contract, which is expected to bring in $2 million annually in subscription revenue and $1-2 million in professional services, with higher gross margins [90] Question: What percentage of bookings in the first half of the year came from Tier 4 and Tier 5 cities? - The company did not provide a specific percentage but mentioned that new cities and expansions are contributing to the growth [73] Question: Can you provide more color on the expected gross margins for the second half of the year? - The company expects gross margins to improve, potentially reaching close to 60% by year-end, driven by the Puerto Rico contract and the Department of Corrections deal [74] Question: How are you managing account conflict as you add more reps per territory? - The company has a structured approach with territory reps collaborating with overlay reps specializing in different products, ensuring effective account management [91] Question: What is a reasonable target for EBITDA margin going forward? - The company expects to return to EBITDA margins in the 20s next year, driven by prudent investments in sales and marketing and the scaling of the business [92][93] Question: Can you discuss the demand environment for the CrimeTracer solution? - The company is seeing strong demand, with one bundled deal led by the CrimeTracer solution, indicating a growing pipeline for cross-sell opportunities [96][98]