SoundThinking Q1 2024 Adj EPS $(0.23) Misses $(0.08) Estimate, Sales $25.40M Beat $25.12M Estimate
Portfolio Pulse from Benzinga Newsdesk
ShotSpotter reported Q1 2024 adjusted EPS of $(0.23), missing the $(0.08) estimate, but its sales of $25.40M exceeded the $25.12M estimate, marking a 23.18% increase from last year.

May 14, 2024 | 8:09 pm
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NEUTRAL IMPACT
ShotSpotter's Q1 2024 earnings missed EPS estimates but exceeded sales forecasts, indicating mixed financial health.
The miss on EPS estimates could negatively impact investor sentiment, while the beat on sales forecasts and significant year-over-year growth might offset some of the negative perceptions, leading to a neutral short-term price direction.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100