CS Disco Expects Q3 Total revenue Of $35.3M - $37.3M, Est $37.22M; Revises FY24 Range From $143M - $151M To $143M - $147M, Est $146.65M
Portfolio Pulse from Benzinga Newsdesk
CS Disco has provided its Q3 revenue guidance, expecting total revenue between $35.3M and $37.3M, slightly below the estimated $37.22M. The company also revised its FY24 revenue range from $143M - $151M to $143M - $147M, compared to the estimated $146.65M.
August 08, 2024 | 9:24 pm
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CS Disco has revised its Q3 revenue guidance to $35.3M-$37.3M, slightly below the estimated $37.22M. The FY24 revenue range has also been adjusted to $143M-$147M, compared to the estimated $146.65M.
The revised revenue guidance for Q3 and FY24 is slightly below market expectations, which could lead to a negative short-term impact on the stock price as investors may react to the lower-than-expected figures.
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