AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Wednesday reported a loss of $11.4 million in its first quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 19 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 8 cents per share.
The results surpassed 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 $36.7 million in the period.
For the current quarter ending in June, CS Disco said it expects revenue in the range of $36.5 million to $38.5 million.
The company expects full-year revenue in the range of $146 million to $158 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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