FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — SoundThinking, Inc. (SSTI) on Tuesday reported fourth-quarter profit of $3.6 million.
The Fremont, California-based company said it had net income of 28 cents per share. Losses, adjusted for non-recurring gains and gains related to mergers and acquisitions, came to 10 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The maker of gunfire detection systems posted revenue of $26 million in the period, which met Street forecasts.
For the year, the company reported a loss of $2.7 million, or 22 cents per share. Revenue was reported as $92.7 million.
SoundThinking expects full-year revenue in the range of $104 million to $106 million.
_____
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