CS Disco (NYSE:LAW) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS

CS Disco (NYSE:LAW) posted its quarterly earnings data on Thursday. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.11) by ($0.05), Zacks reports. CS Disco had a negative net margin of 38.51% and a negative return on equity of 22.30%. The business had revenue of $37.00 million during the quarter, compared to the consensus estimate of $36.03 million. CS Disco updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

CS Disco Trading Up 4.8 %

Shares of NYSE LAW opened at $5.24 on Friday. The business has a fifty day simple moving average of $5.13 and a 200 day simple moving average of $5.53. The firm has a market capitalization of $313.93 million, a price-to-earnings ratio of -5.70 and a beta of 2.06. CS Disco has a one year low of $4.67 and a one year high of $8.57.

Insider Activity at CS Disco

In related news, CFO Michael Lafair sold 13,146 shares of the company’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $5.19, for a total value of $68,227.74. Following the completion of the transaction, the chief financial officer now directly owns 865,793 shares in the company, valued at approximately $4,493,465.67. This represents a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 15.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

LAW has been the subject of several research reports. Needham & Company LLC reissued a “buy” rating and issued a $8.00 price objective on shares of CS Disco in a research report on Friday. Jefferies Financial Group reduced their price objective on CS Disco from $6.00 to $5.50 and set a “hold” rating for the company in a research report on Monday, January 6th.

CS Disco Company Profile

CS Disco, Inc provides cloud-native and artificial intelligence-powered legal solutions for legal hold, legal request, ediscovery, legal document review, and case management in the United States and internationally. It offers DISCO Request, a solution that automates response compliance for legal requests; and DISCO Ediscovery, a solution that automates the ediscovery process and saves legal departments from manual tasks associated with collecting, processing, enriching, searching, reviewing, analyzing, producing, and using enterprise data that is at issue in legal matters.