FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — SoundThinking, Inc. (SSTI) on Tuesday reported a loss of $2.7 million in its second quarter.
On a per-share basis, the Fremont, California-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring gains, were 28 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The maker of gunfire detection systems posted revenue of $22.1 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $22.3 million.
SoundThinking expects full-year revenue in the range of $92 million to $94 million.
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