Shotspotter, inc. revises earnings guidance for the full year of 2019; provides earnings guidance for the full year of 2020

Shotspotter, inc. revised earnings guidance for the full year of 2019. for the full year 2019, the company now expects revenues of $40 million to $40.5 million compared to its previous guidance last quarter of $42 million to $44.5 million. there is no change to the company’s expectation of gaap profitability for the full year of 2019. the company is introducing financial guidance for the full year of 2020. the company currently expects revenues of $48 million to $50 million. management also expects to remain gaap profitable, with both gross margin and net margin expansion in 2020 compared to 2019.
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