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

CS Disco

11/05/2024 02:10

* CS Disco Inc  LAW.N  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of -20
cents.  The mean expectation of six analysts for the quarter was
for a loss of 11 cents per share. Wall Street expected
results to range from -13 cents to -9 cents per share.
    * Revenue rose 7.4% to $35.57 million from a year ago;
analysts
expected $35.60 million. 
    * CS Disco Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $10.58 million.
    * CS Disco Inc shares had fallen by 0.7% this quarter and
gained 6.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 21.6%
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," 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
$8.00 
This summary was machine generated from LSEG data May 11 at
01:10 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
 Mar. 31 2024      -0.11          -0.08          Beat
 Dec. 31 2023      -0.10          -0.01          Beat
 Sep. 30 2023      -0.12          -0.06          Beat
 Jun. 30 2023      -0.20          -0.11          Beat