FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — SoundThinking, Inc. (SSTI) on Wednesday reported a loss of $2 million in its third quarter.
On a per-share basis, the Fremont, California-based company said it had a loss of 16 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The maker of gunfire detection systems posted revenue of $25.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $27.7 million.
SoundThinking expects full-year revenue in the range of $111 million to $113 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SSTI at https://www.zacks.com/ap/SSTI
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