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SoundThinking, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results
Globenewswire· 2026-03-03 21:05
Core Insights - SoundThinking, Inc. reported a record revenue of $104.1 million for the full year 2025, marking a 2% increase from $102.0 million in 2024 [1][12] - The company updated its revenue guidance for 2026 to a range of $109.0 million to $111.0 million, indicating a projected 6% year-over-year growth at the midpoint [1][14] - Adjusted EBITDA margin guidance for 2026 was revised to a range of 16% to 18% [1][14] Full Year 2025 Financial Highlights - Total revenues for 2025 were $104.1 million, up 2% from $102.0 million in 2024, primarily driven by new and expanding customer subscriptions [12] - Gross profit decreased by 2% to $56.6 million, representing 54% of revenues, compared to 57% in 2024 [12] - The net loss for 2025 was $9.4 million, slightly higher than the $9.2 million loss in 2024 [13] - Adjusted EBITDA for 2025 totaled $12.6 million, down from $14.4 million in 2024 [13] Fourth Quarter 2025 Financial Highlights - Revenues for Q4 2025 were $24.8 million, a 6% increase from $23.4 million in Q4 2024 [7][9] - Gross profit for Q4 2025 was $12.6 million, accounting for 51% of revenues, compared to 50% in Q4 2024 [7][9] - The net loss for Q4 2025 was $2.8 million, an improvement from a $4.1 million loss in Q4 2024 [10] - Adjusted EBITDA for Q4 2025 was $1.3 million, down from $1.7 million in the same period last year [11] Operational Developments - The company went "live" with ShotSpotter in 1 new city and expanded in 4 existing customer locations during Q4 2025 [7] - For the full year, SoundThinking launched ShotSpotter in 10 new cities and 2 universities, along with 11 expansions with current customers [7] - The annual recurring revenue (ARR) at the start of 2026 was $95.4 million, with a revenue retention rate of 99% [7][12] Strategic Outlook - The company aims to enhance its customer base and improve operating leverage through increased investments in innovation and AI capabilities [6][8] - Management expressed confidence in the ability to drive growth, reduce costs, and deliver value to customers and shareholders [8]
SoundThinking Announces Fourth Quarter and Full-Year 2025 Financial Results Date and Conference Call; Participation in Upcoming Investor Conference
Globenewswire· 2026-02-20 13:00
Core Insights - SoundThinking, Inc. will release its fourth quarter and full-year 2025 financial results on March 3, 2026, and will host a conference call to discuss these results [2][4] Financial Results Announcement - The conference call is scheduled for March 3, 2026, at 4:30 p.m. Eastern Time, with financial results to be issued in a press release prior to the call [2] - Participants can join via webcast on SoundThinking's Investor Relations website or by telephone [3] Upcoming Investor Conference - Ralph Clark, President and CEO, and Alan Stewart, CFO, will participate in the ROTH Conference on March 23-24, 2026, at the Ritz-Carlton Hotel in Laguna Niguel, California [4] - A live webcast and replay of the presentation will be available on SoundThinking's Investor Relations website [4] Company Overview - SoundThinking, Inc. is a leading public safety technology company providing AI- and data-driven solutions for law enforcement and security professionals [5] - The company serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [5] - Key products include ShotSpotter, CrimeTracer, CaseBuilder, ResourceRouter, SafePointe, and PlateRanger, which collectively aim to improve efficiency and effectiveness in public safety [5]
SoundThinking Opens New Alert Review Center in Orlando, Establishing Permanent Hub for SafePointe Operations
Globenewswire· 2025-12-17 13:30
Core Insights - SoundThinking has opened a new Alert Review Center (ARC) in downtown Orlando, FL, which will serve as a centralized operational hub for its SafePointe alert review operations, creating nearly 30 public-safety jobs in the region [1][3]. Group 1: Company Operations - The ARC will support SafePointe, an AI-enabled weapons detection system, by allowing trained reviewers to analyze alerts in real time, providing timely and accurate information for safety operations in various public spaces [2][3]. - The facility is located in 1,872 square feet of office space in the Regions Bank Tower, demonstrating SoundThinking's long-term commitment to the downtown Orlando area through a three-year renewable lease [4]. Group 2: Employment and Economic Impact - The consolidation of previously remote roles into the downtown facility is expected to contribute to the growth of the technology and public-safety workforce in the region, with nearly 30 full-time employees anticipated once hiring is complete [3]. - The decision to establish the ARC in downtown Orlando is seen as a boost to the local ecosystem of innovative employers, reinforcing the area's appeal for companies looking to grow and collaborate [5]. Group 3: Company Background - SoundThinking, Inc. (Nasdaq: SSTI) is a leading public safety technology company that provides AI- and data-driven solutions for law enforcement and security professionals, trusted by over 300 customers and approximately 2,100 agencies [7].
SoundThinking to Participate in the Needham Growth Conference
Globenewswire· 2025-12-16 13:00
Core Insights - SoundThinking, Inc. will have its CFO Alan Stewart participate virtually in the 28th Annual Needham Growth Conference on January 15, 2026, providing an opportunity for investors to engage with management [1]. Company Overview - SoundThinking, Inc. is a leading public safety technology provider that offers AI- and data-driven solutions for law enforcement, civic leadership, and security professionals [2]. - The company serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [2]. - SoundThinking's SafetySmart™ platform includes several key products: - ShotSpotter, an acoustic gunshot detection system - CrimeTracer™, a law enforcement search engine - CaseBuilder™, an investigation management system - ResourceRouter™, software for directing patrol and anti-violence resources - SafePointe, an AI-based weapons detection system - PlateRanger powered by Rekor, an automatic license plate recognition solution [2]. - The company has been recognized as a Great Place to Work [2].
SoundThinking Announces Revised Date for Third Quarter 2025 Financial Results Date and Conference Call
Globenewswire· 2025-10-16 20:15
Core Viewpoint - SoundThinking, Inc. has announced a rescheduling of its third quarter 2025 financial results release and conference call due to an unforeseen scheduling conflict, now set for November 12, 2025 [1][2] Company Overview - SoundThinking, Inc. is a leading public safety technology provider, delivering AI- and data-driven solutions for law enforcement and security professionals [4] - The company serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [4] - SoundThinking's SafetySmart™ platform includes several key products such as ShotSpotter, CrimeTracer™, CaseBuilder™, ResourceRouter™, SafePointe, and PlateRanger™ powered by Rekor [4] - The company has been recognized as a Great Place to Work [4] Upcoming Financial Results - The third quarter 2025 earnings conference call will occur on November 12, 2025, at 4:30 p.m. Eastern Time, with financial results to be released prior to the call [2] - Participants can join the call via webcast on SoundThinking's Investor Relations website or by telephone [3]
SoundThinking Announces Third Quarter 2025 Financial Results Date and Conference Call; Participation in Upcoming Investor Conference
Globenewswire· 2025-10-15 20:15
Core Viewpoint - SoundThinking, Inc. is set to release its third quarter 2025 financial results on November 11, 2025, and will participate in the ROTH Technology Conference on November 19, 2025, highlighting its ongoing engagement with investors and stakeholders [1][2][4]. Financial Results Announcement - The conference call to discuss the third quarter 2025 financial results will take place on November 11, 2025, at 4:30 p.m. Eastern Time [2]. - Financial results will be released in a press release prior to the call [2]. Participation in Investor Conference - SoundThinking's executive management will attend the ROTH Technology Conference in New York City on November 19, 2025 [4]. - Interested parties can contact the investor relations team for additional information or to schedule meetings [4]. Company Overview - SoundThinking, Inc. is a leading public safety technology provider, delivering AI- and data-driven solutions for law enforcement and security professionals [5]. - The company serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [5]. - Key products include the SafetySmart™ platform, which features ShotSpotter, CrimeTracer™, CaseBuilder™, ResourceRouter™, SafePointe, and PlateRanger™ powered by Rekor [5].
SoundThinking to Announce Second Quarter 2025 Financial Results on Tuesday, August 12, 2025, at 4:30 p.m. ET
Globenewswire· 2025-07-22 20:15
Core Points - SoundThinking, Inc. will hold a conference call on August 12, 2025, to discuss its Q2 2025 financial results [1][2] - The company is a leading public safety technology provider, delivering AI- and data-driven solutions for law enforcement and security professionals [3] Company Overview - SoundThinking, Inc. is listed on Nasdaq under the ticker SSTI and is recognized for its SafetySmart™ platform, which includes various advanced solutions such as ShotSpotter, CrimeTracer™, CaseBuilder™, ResourceRouter™, SafePointe, and PlateRanger™ [3] - The company serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [3] - SoundThinking has been designated as a Great Place to Work Company, indicating a positive work environment [3] Conference Call Details - The conference call will take place at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) [2] - U.S. and international dial-in numbers are provided for participants, along with a conference ID for access [2] - A replay of the call will be available after 7:30 p.m. Eastern time on the same day until August 26, 2025 [3]
SoundThinking Releases Fourth Environmental, Social, And Governance (ESG) Report
GlobeNewswire· 2025-06-17 12:00
Core Insights - SoundThinking has released its fourth annual Environmental, Social, and Governance (ESG) Report, emphasizing its commitment to advancing public safety through responsible technology use [1][2] - The report highlights the company's mission to enhance law enforcement efficiency and equity in community safety outcomes [2][3] Group 1: Public Safety Technology and Community Safety - SoundThinking's SafetySmart™ platform integrates specialized software and data to assist law enforcement in protecting communities, enabling rapid and precise responses to gunfire incidents [4] - The technology supports efficient investigative work and helps agencies optimize resources for improved public safety outcomes [4] Group 2: Social Impact - The report emphasizes SoundThinking's collaboration with local organizations to promote community safety initiatives, positively impacting individuals in the communities served [5] - The company is expanding its Data for Good program, providing non-policing organizations with essential data and tools to address crime and violence root causes [5] Group 3: Governance, Transparency, and Trust - The ESG Report outlines SoundThinking's governance structure, focusing on diversity, equity, and inclusion [6] - The company has enhanced its security framework and established AI governance roles to ensure responsible technology development, demonstrating a commitment to stakeholder trust [6] Group 4: Environmental Sustainability - SoundThinking is dedicated to minimizing its environmental footprint through sustainable practices, including energy-efficient product design and e-waste management [7] - The company applies its technology expertise to environmental protection efforts, such as preserving marine ecosystems in the Coral Triangle [7] Group 5: Company Overview - SoundThinking, Inc. is a leading public safety technology provider, delivering AI- and data-driven solutions for law enforcement and civic leadership [10] - The company serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [10]
SoundThinking to Participate in the UBS SMID-Cap Multisector Virtual Conference on June 24, 2025
Globenewswire· 2025-06-11 20:15
Group 1 - SoundThinking, Inc. will participate in the UBS SMID-Cap Multisector Virtual Conference on June 24, 2025, offering one-on-one and small group meetings with investors [1] - The company is recognized as a leading public safety technology provider, delivering AI- and data-driven solutions for law enforcement and security professionals [2] - SoundThinking serves over 300 customers and has collaborated with approximately 2,100 agencies to enhance public safety outcomes [2] Group 2 - The company's SafetySmart™ platform includes several key products: ShotSpotter, CrimeTracer™, CaseBuilder™, ResourceRouter™, SafePointe, and PlateRanger powered by Rekor [2] - SoundThinking has been designated as a Great Place to Work Company, indicating a positive work environment [2] - Contact information for company representatives is provided for investor relations and inquiries [3]
SoundThinking Honors Law Enforcement During National Police Week 2025
Globenewswire· 2025-05-13 22:00
Company Commitment - SoundThinking, Inc. honors law enforcement officers during National Police Week, reaffirming its commitment to the law enforcement community [1][4] - The company emphasizes the importance of supporting law enforcement through action, providing mission-critical public safety technologies that enhance officer safety and decision-making [3][5] Industry Context - National Police Week serves as a reminder of the sacrifices made by law enforcement, with 148 officers reported to have lost their lives in 2024, contributing to over 24,000 names on the National Law Enforcement Officers Memorial [2] - SoundThinking collaborates with various organizations to support law enforcement, including funding community safety programs and providing emotional support through initiatives like First Responder Therapy Dogs [6] Company Overview - SoundThinking is a leading public safety technology provider, delivering AI- and data-driven solutions to over 300 customers and approximately 2,100 agencies [5] - The company's SafetySmart™ platform includes several advanced technologies such as ShotSpotter®, CrimeTracer™, and SafePointe®, aimed at improving public safety outcomes [5]