NASDAQ$SSTI

ShotSpotter Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported solid adjusted EBITDA growth and GAAP profitability, driven by a 9% year-over-year increase in revenue. Maintained a strong liquidity position with $28.7 million in cash.

ShotSpotter reported a 9% increase in revenue to $10.5 million for Q1 2020, with net income of $13,000 or $0.00 per share. The company's cash position improved to $28.7 million. They updated revenue guidance for fiscal 2020 to a range of $43 million to $46 million, expecting to remain GAAP profitable for the full year.

  • Revenues increased 9% to $10.5 million from $9.6 million for the first quarter of 2019.
  • Gross profit was 58%, consistent with the first quarter of 2019.
  • Net income totaled $13,000 or $0.00 per share, improved from a net loss of $0.4 million in the first quarter of 2019.
  • Cash and cash equivalents at the end of the quarter were $28.7 million, up from $24.6 million at the end of the fourth quarter of 2019.

Headline financials

Total Revenue

$10.5M

Previous: $9.59M+9.0%
EPS (adj)

$0.00

Previous: -$0.03+103.7%
Capital Expenditures

-$1.12M

Previous: -$896K-24.7%
Free Cash Flow

-$1.1M

Previous: -$1.26M+12.2%
Net Income

$13K

Previous: -$362K+103.6%
Operating Income

-$23K

Previous: -$320K+92.8%
Gross Profit

$6.12M

Previous: $5.59M+9.4%
Cash & Equivalents

$28.7M

Previous: $29.5M-2.9%
Total Assets

$57.8M

Previous: $59M-2.0%

Revenue & EPS history

ShotSpotter · Revenue · Quarterly

$10.5M

Q1 2020+9%vs Q1 2019
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The company updated its revenue range for the full fiscal year of 2020 to reflect its current anticipated impact of the COVID-19 pandemic on its operations. The company now forecasts revenue to range between $43 million and $46 million, representing an increase of 9% at the midpoint compared to fiscal year 2019. The company continues to expect to remain GAAP profitable on an annual basis.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.4%

Avg return

30 days after

42%

15 / 36 earnings

Positive

+38.7%

Q2 2020

Best reaction

-21.8%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%
Q4 2025-18.9%-11.2%-14.9%
Q3 2025-14.1%-27.3%-10.0%
Q2 2025+15.8%+14.6%+11.5%
Q1 2025-1.4%-7.8%-1.4%
Q4 2024+23.6%+15.2%+27.5%
Q3 2024-10.4%-8.5%+2.7%
Q2 2024+5.1%+3.7%-2.5%
Q1 2024-4.3%-1.2%-4.5%
Q4 2023-1.6%-0.3%-10.7%
Q3 2023+15.9%+29.5%+49.5%
Q2 2023-19.8%-10.0%-1.5%
Q1 2023-21.8%-27.9%-21.7%
Q4 2022-5.4%-8.1%+5.6%
Q3 2022+0.4%-0.8%-0.6%
Q2 2022+14.3%+11.6%-11.0%
Q1 2022+2.9%+11.6%+20.3%
Q4 2021-6.5%-0.7%+8.6%
Q3 2021-10.4%-8.7%-15.8%
Q2 2021-4.8%-3.3%-18.1%
Q1 2021+23.1%+24.7%+24.1%
Q4 2020-8.9%-15.9%-20.0%
Q3 2020-3.0%-10.2%+1.5%
Q2 2020+38.7%+19.4%+18.2%
Q1 2020-19.5%-21.8%-13.2%
Q4 2019+27.0%+24.8%+2.0%
Q3 2019+6.4%+9.9%+20.4%
Q2 2019-12.8%-12.7%-24.0%
Q1 2019-18.5%-18.9%-17.3%
Q4 2018+6.5%+4.5%-9.7%
Q3 2018-12.7%-9.5%-1.4%
Q2 2018-2.2%+7.9%+29.8%
Q1 2018-4.3%-1.0%+20.4%
Q4 2017-3.9%-6.2%+18.8%
Q3 2017+10.4%+14.1%-12.9%
Q2 2017+2.6%+3.8%+0.5%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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