SoundThinking Reports 4% Drop
SoundThinking (NASDAQ:SSTI), a public safety technology company focused on software and data solutions for law enforcement, released its second quarter 2025 results on August 12, 2025. The company reported Revenue of $25.9 million, which was below analyst expectations of $26.33 million. The main news was a year-over-year GAAP revenue decline of 4%—attributed primarily to the non-renewal of the City of Chicago contract—alongside gross margin compression. Despite missing consensus GAAP estimates, management maintained the full-year FY2025 outlook, citing underlying growth in recurring revenues and new customer deployments. The quarter reflects transitional challenges, but also highlights ongoing progress in diversifying SoundThinking’s product suite and market reach.
Source: SoundThinking. Note: Analyst estimates provided by FactSet.
SoundThinking delivers cloud-based software-as-a-service (SaaS) tools for law enforcement and public safety agencies. Its portfolio includes advanced gunshot detection, license plate recognition, crime data analysis, digital case management, and resource routing. The heart of its platform is ShotSpotter, an acoustic gunshot detection system, but the company has expanded into investigative analytics, AI integrations, and proactive safety solutions.
Source Fool.com
