AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Thursday reported a loss of $1 million in its third quarter.
The Austin, Texas-based company said it had a loss of 2 cents per share. Losses, adjusted for stock option gains, came to 6 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The legal technology company posted revenue of $34.9 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $34.3 million.
For the current quarter ending in December, CS Disco said it expects revenue in the range of $34 million to $36 million.
The company expects full-year revenue in the range of $136.3 million to $138.3 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