SoundThinking Analysts Cut Their Forecasts After Weak Q3 Results
SSTI reported Q3 losses of 16 cents per share, missing estimates. Quarterly sales of $25.1 million fell short of $27.95 million estimate. FY2025 sales guidance cut from $111-$113 million to $104 million. Shares dropped 19.6% post-earnings, now trading at $6.78. Analysts lowered price targets; maintained ratings at Overweight and Market Outperform.
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