CS Disco Inc reports results for the quarter ended in December - Earnings Summary

CS Disco

23/02/2024 03:04

* CS Disco Inc  LAW.N  reported a quarterly adjusted loss of
1
cent​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of -18
cents.  The mean expectation of seven analysts for the quarter
was for a loss of 10 cents per share. Wall Street expected
results to range from -11 cents to -7 cents per share.
    * Revenue rose 9.9% to $35.74 million from a year ago;
analysts
expected $34.99 million. 
    * CS Disco Inc's reported EPS for the quarter was a loss
of 10
cents​.
    * The company reported a quarterly loss of $5.84 million.
    * CS Disco Inc shares had fallen by 3.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the software peer
group
is also "hold"

Wall Street's median 12-month price target for CS Disco Inc is
$9.00 
This summary was machine generated from LSEG data February 23 at
03:03 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.10          -0.01          Beat
 Sep. 30 2023      -0.12          -0.06          Beat
 Jun. 30 2023      -0.20          -0.11          Beat
 Mar. 31 2023      -0.26          -0.20          Beat