ShotSpotter, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 04:05 pm EDT
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ShotSpotter, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 21.21 million compared to USD 15.01 million a year ago. Net income was USD 0.387 million compared to USD 0.079 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.01 a year ago.
SoundThinking, Inc. is a public safety technology company that delivers artificial intelligence (AI) and data-driven solutions for law enforcement, civic leadership and security professionals. The Companyâs SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system; CrimeTracer, a law enforcement search engine; CaseBuilder, an investigation management system; ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact; and SafePointe, an AI-based weapons detection system. ShotSpotter, its acoustic gunshot detection technology serves cities and municipalities seeking to identify, locate and deter persistent, localized gun violence by incorporating a real-time gunshot detection system into their policing systems. CrimeTracer is a law enforcement search engine and information platform that enables law enforcement to search data from agencies across the United States using natural language speech terms and concepts.