CS Disco Inc reports results for the quarter ended in January 1 - Earnings Summary

CS Disco

07/11/2024 04:50

* CS Disco Inc  LAW.N  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended January 1, identical to
the same quarter last year.  The mean expectation of
six analysts for the quarter was for a loss of 9 cents per
share. Wall Street expected results to range from -12 cents
to -7 cents per share.
    * Revenue rose 3.8% to $36.27 million from a year ago;
analysts
expected $36.33 million. 
    * CS Disco Inc's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $9.16 million.
    * CS Disco Inc shares had risen by 3.1% this quarter and
lost 20.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 16.9%
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 2 "strong buy" or "buy," 2
"hold" and 2 "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
$6.00 
This summary was machine generated from LSEG data November 7 at
04:50 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
 Sep. 30 2024      -0.09          -0.06          Beat
 Jun. 30 2024      -0.09          -0.07          Beat
 Mar. 31 2024      -0.11          -0.08          Beat
 Dec. 31 2023      -0.10          -0.01          Beat