SoundThinking Inc. Reports Significant Increase in Adjusted EBITDA, Net Income Shows Improvement Over Outlook

Reuters
08/13
SoundThinking Inc. Reports Significant Increase in Adjusted EBITDA, Net Income Shows Improvement Over Outlook

SoundThinking Inc. has released its latest financial results, reflecting key metrics and providing insights into the company's performance. The company's adjusted net income (loss), a non-GAAP financial measure, is calculated before adjustments to contingent consideration obligations, restructuring expenses, and losses from the disposal of fixed assets. Additionally, SoundThinking's Adjusted EBITDA, another non-GAAP measure, excludes interest income (expense), income taxes, depreciation, amortization, impairment, and restructuring costs. The company highlights that these adjusted metrics offer valuable insights into operational performance, as they exclude variable expenses such as stock-based compensation and acquisition-related expenses. These expenses are typically unrelated to the company's financial and operational performance for a specific period. SoundThinking has not provided a detailed reconciliation of its Adjusted EBITDA outlook to GAAP net income (loss) due to the variability and uncertainty of several components, including interest income (expense), income taxes, depreciation, and acquisition-related expenses. These elements could significantly impact the calculation of GAAP net income (loss), making precise forecasting challenging. The company plans to hold a conference call on August 12, 2025, at 4:30 p.m. Eastern Time to discuss these results further and provide updates on current business conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SoundThinking Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9510646-en) on August 12, 2025, and is solely responsible for the information contained therein.

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