CS Disco Inc reports results for the quarter ended June 30 - Earnings Summary

• CS Disco Inc LAW reported a quarterly adjusted loss of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of five analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -9 cents to -7 cents per share.

• Revenue rose 5.8% to $38.11 million from a year ago; analysts expected $37.53 million.

• CS Disco Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $10.81 million.

• CS Disco Inc shares had fallen by 5.9% this quarter and lost 17.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 3.1% 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 1 "sell" or "strong sell." The average consensus recommendation for the software peer group is "buy."

• Wall Street's median 12-month price target for CS Disco Inc is $5.00, about 17.4% above its last closing price of $4.13

This summary was machine generated from LSEG data August 7 at 12:05 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)