ShotSpotter, Inc. (NASDAQ: SSTI) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “SSTI’s 4Q19 revenues and adjusted EBITDA both surpassed our forecasts, reversing 3Q19’s downside performances. Pro forma EPS was sharply ahead, even backing out the benefit of a partially reversed expense accrual. Net coverage miles added were 34 with not attrition, its best performance since 3Q18. With 2020 guidance reiterated and appearing incrementally easier to achieve, we are increasing our price target to $39.00 to reflect its higher profitability and faster growth. We reiterate our Buy rating.”
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About ShotSpotter, Inc.
ShotSpotter provides acoustic gunshot detection and precision-policing solutions to help law enforcement officials and security personnel prevent and reduce gun violence and make cities, campuses and facilities safer. The company’s flagship product, ShotSpotter® Flex™, is the leading gunshot detection, location and forensic system trusted by over 100 cities. ShotSpotter® Missions™ uses artificial intelligence-driven analysis to help strategically plan patrol missions and tactics for maximum crime deterrence. ShotSpotter has been designated a Great Place to Work® Company.
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