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

CS Disco

10/05/2023 22:51

* CS Disco Inc  LAW.N  reported a quarterly adjusted loss
of 20
cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 26 cents per share.
    * Revenue fell 3.9% to $33.13 million from a year ago;
analysts
expected $31.55 million. 
    * CS Disco Inc's reported EPS for the quarter was a loss
of 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * CS Disco Inc shares had fallen by 11.1% this quarter and
lost 6.6% so far this year.
    * The company reported a quarterly loss of $20.37 million.
    * Wall Street's median 12-month price target for CS Disco
Inc is
$9.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.26          -0.20          Beat
 Dec. 31 2022      -0.31          -0.18          Beat
 Sep. 30 2022      -0.31          -0.24          Beat
 Jun. 30 2022      -0.27          -0.23          Beat