CS Disco Q3 Adj $(0.06) Beats $(0.11) Estimate, Sales $34.94M Beat $34.31M Estimate
Portfolio Pulse from Benzinga Newsdesk
CS Disco (NYSE:LAW) reported Q3 losses of $(0.06) per share, beating the analyst consensus estimate of $(0.11) by 45.45%. This is a 75% increase over losses from the same period last year. The company also reported quarterly sales of $34.94 million, beating the analyst consensus estimate of $34.31 million by 1.84%. This is a 1.36% increase over sales from the same period last year.
November 09, 2023 | 10:08 pm
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POSITIVE IMPACT
CS Disco's Q3 results beat analyst estimates, with a smaller loss and higher sales than expected. This could potentially lead to a positive market reaction.
CS Disco's Q3 results exceeded analyst expectations, both in terms of EPS and sales. This positive surprise could lead to an increase in the stock price in the short term as it indicates better than expected performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100