NASDAQ$SSTI
ShotSpotter Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a revenue increase of 37% year-over-year, reaching $20.0 million. GAAP net income was $3.0 million, or $0.24 per diluted share.
ShotSpotter reported strong second quarter 2022 financial results, with revenues increasing by 37% year-over-year to $20.0 million. The company's GAAP net income was $3.0 million, and Adjusted EBITDA totaled $4.1 million. ShotSpotter reiterated its full year 2022 revenue guidance range of $81 million to $83 million and Adjusted EBITDA margin guidance range of 19% to 21%.
- Revenues increased 37% to $20.0 million from $14.6 million for the same quarter of 2021.
- Gross profit increased 40% to $11.6 million (58% of revenues) from $8.3 million (57% of revenues) for the same quarter of 2021.
- GAAP net income was $3.0 million, compared to GAAP net loss of $250,000 for the same quarter of 2021.
- Adjusted EBITDA increased 39% to $4.1 million (20% of revenues), compared to $2.9 million (20% of revenues) for the same quarter of 2021.
Headline financials
Revenue & EPS history
ShotSpotter · Revenue · Quarterly
$20M
Forward guidance
The company reiterated its full year 2022 revenue guidance of $81.0 million to $83.0 million, representing approximately 41% year-over-year growth at the midpoint compared to 2021, and full year 2022 Adjusted EBITDA margin guidance of 19% to 21%.
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 2022
-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
| Quarter | Report date | Reaction (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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