CS Disco Sees FY24 Revenue $143M-$151M Vs $149.239M Est.
Portfolio Pulse from Benzinga Newsdesk
CS Disco projects its FY24 revenue to be between $143M and $151M, which is around the analyst estimate of $149.239M.
May 09, 2024 | 9:09 pm
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CS Disco, trading under the symbol LAW, forecasts its FY24 revenue to be in the range of $143M to $151M, closely aligning with the analyst estimate of $149.239M.
The forecasted revenue range provided by CS Disco is very close to the analyst estimates, indicating that the company's performance is in line with market expectations. This alignment suggests a neutral short-term impact on the stock price as the market has likely already priced in these expectations. The importance is rated at 75 because revenue forecasts are critical for investors, but the exact alignment with estimates tempers the immediate impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100