Core Viewpoint - CS Disco reported a quarterly loss of $0.07 per share, better than the Zacks Consensus Estimate of a loss of $0.11, indicating a 36.36% earnings surprise [1] - The company has shown consistent performance by surpassing consensus EPS estimates for four consecutive quarters [2] Financial Performance - CS Disco's revenues for the quarter ended December 2024 were $37 million, exceeding the Zacks Consensus Estimate by 2.25%, and up from $35.74 million year-over-year [2] - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $36.46 million, and for the current fiscal year, it is -$0.30 on revenues of $149.54 million [7] Stock Performance - CS Disco shares have increased by approximately 3.4% since the beginning of the year, compared to a 4.5% gain in the S&P 500 [3] - The stock currently holds a Zacks Rank of 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Internet - Software industry, to which CS Disco belongs, is currently ranked in the top 34% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact CS Disco's stock performance [5]
CS Disco (LAW) Reports Q4 Loss, Tops Revenue Estimates