ShotSpotter, Inc. (NASDAQ:SSTI) Q2 2022 Earnings Conference Call August 9, 2022 4:30 PM ET
Company Participants
Ralph Clark - Chief Executive Officer
Alan Stewart - Chief Financial Officer
Conference Call Participants
Richard Baldry - Roth Capital
Matt Pfau - William Blair
Operator
Good afternoon, everyone and welcome to ShotSpotter's Second Quarter 2022 Earnings Conference Call. My name is Jamie and I will be your operator for today's conference. Joining us are; ShotSpotter's CEO, Ralph Clark; and CFO, Alan Stewart.
Please note that certain information discussed on the call today will include forward-looking statements about future events and ShotSpotter's business strategy and future financial and operating performance. These forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict and may cause actual results to differ materially from those stated or implied by those statements.
Certain of these risks and assumptions are discussed in ShotSpotter's SEC filings including its registration statement on Form S-1. These forward-looking statements reflect management's beliefs, estimates and predictions as of the date of this live broadcast August 9, 2022. And ShotSpotter undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this call.
Finally, I'd like to remind everyone that this call will be recorded and made available for replay via a link available in the Investor Relations section of the company's website at ir.shotspotter.com.
At this time, I'd like to turn the conference call over to ShotSpotter's CEO, Ralph Clark. Sir, you may proceed.
Ralph Clark
Good afternoon and thanks for joining us today. Let's dive right in and review the second quarter. After Alan and I give our overviews, we'll be happy to take your questions. But before we discuss the second quarter, I want to just take a moment to tell you how ShotSpotter is doing in general. And even though we have a tremendous amount of work to do, I'm happy to report that we're doing quite well.
This is an exciting time for us here at the midpoint of 2022. Not only is this our fifth, year anniversary as a public company it's also nearly two years into our effort to accelerate the company's revenue and profit growth through the build-out of our precision policing platform.
As most of you know this strategy was inspired by our goal to provide value and impact beyond acoustic gunshot detection into adjacent capabilities including investigative and AI-based analysis tools. We now have several quarters under our belt. And based on our experience to-date, we believe the decision to build out this broader platform in order to grow our revenue and TAM opportunity was strategically sound.