NEWARK, Calif. (AP) _ ShotSpotter Inc. (SSTI) on Tuesday reported first-quarter earnings of $79,000.

On a per-share basis, the Newark, California-based company said it had net income of 1 cent. Earnings, adjusted for costs related to mergers and acquisitions, came to 2 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The maker of gunfire detection systems posted revenue of $15 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $13.5 million.

ShotSpotter expects full-year revenue in the range of $60 million to $61 million.

ShotSpotter shares have decreased 18% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.84, a rise of 40% in the last 12 months.

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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