NASDAQ$SSTI

ShotSpotter Inc · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Reported a revenue increase of 30% year-over-year, reaching $14.6 million.

ShotSpotter reported a 30% increase in revenue to $14.6 million for Q2 2021, driven by new customer additions and expansions. The company reiterated its full-year revenue guidance of $60 million to $61 million and expects to be GAAP profitable for the full year.

  • Revenues increased 30% to $14.6 million from $11.3 million for the second quarter of 2020.
  • Gross profit increased 20% to $8.3 million (57% of revenues) from $6.9 million (61% of revenues) for the second quarter of 2020.
  • Net loss of $(250,000) from net income of $866,000 for the second quarter of 2020.
  • Adjusted EBITDA was $2.9 million, or 20% of revenues from $3.4 million, or 30% of revenues for the second quarter of 2020.

Headline financials

Total Revenue

$14.6M

Previous: $11.3M+29.7%
EPS (adj)

-$0.02

Previous: $0.07-128.6%
Capital Expenditures

-$3.57M

Previous: -$2.3M-55.3%
Free Cash Flow

-$3.82M

Previous: -$1.43M-166.6%
Net Income

-$250K

Previous: $866K-128.9%
Operating Income

-$173K

Previous: $910K-119.0%
Gross Profit

$8.31M

Previous: $6.92M+20.0%
Cash & Equivalents

$15.6M

Previous: $25.8M-39.6%
Total Assets

$61.4M

Previous: $56.4M+8.9%
Stock-Based Comp

$1.49M

Previous: $1.16M+28.5%

Revenue & EPS history

ShotSpotter · Revenue · Quarterly

$14.6M

Q2 2021+29.7%vs Q2 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

ShotSpotter reiterated its full year 2021 revenue guidance to $60 million to $61 million, representing 32% year-over-year growth at the midpoint of the guidance range. The company expects to be GAAP profitable for the full year 2021.

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 Q2 2021

Historical avgQ2 2021

-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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