Cs Disco: Q1 Earnings Snapshot

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Thursday reported a loss of $10.6 million in its first quarter.

The Austin, Texas-based company said it had a loss of 17 cents per share. Losses, adjusted for stock option expense and non-recurring costs, were 8 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

The legal technology company posted revenue of $35.6 million in the period.

For the current quarter ending in June, CS Disco said it expects revenue in the range of $34.5 million to $36.5 million.

The company expects full-year revenue in the range of $143 million to $151 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAW at https://www.zacks.com/ap/LAW