AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Thursday reported a loss of $25.2 million in its fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 42 cents. Losses, adjusted for asset impairment costs and stock option expense, were 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The legal technology company posted revenue of $37 million in the period.
For the year, the company reported a loss of $55.8 million, or 93 cents per share. Revenue was reported as $144.8 million.
For the current quarter ending in March, CS Disco said it expects revenue in the range of $35 million to $37 million.
The company expects full-year revenue in the range of $145.5 million to $157.5 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
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