ShotSpotter Q4 2023 Adj EPS $(0.10) Misses $0.05 Estimate, Sales $26.05M Miss $26.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
ShotSpotter (NASDAQ:SSTI) reported Q4 2023 adjusted EPS of $(0.10), missing the $0.05 estimate, and sales of $26.05M, missing the $26.30M estimate. This represents a 24.04% increase in sales compared to the same period last year.
February 27, 2024 | 9:15 pm
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NEGATIVE IMPACT
ShotSpotter reported a Q4 2023 adjusted EPS of $(0.10), missing estimates, and sales of $26.05M, slightly below expectations. However, sales have increased by 24.04% compared to the same period last year.
The negative adjusted EPS and the miss on both EPS and sales estimates are likely to negatively impact investor sentiment in the short term. However, the significant year-over-year sales growth could provide some offsetting positive sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100