AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — CS Disco Inc. (LAW) on Thursday reported a loss of $5.8 million in its fourth quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 10 cents. Losses, adjusted for stock option expense and costs related to mergers and acquisitions, came to 1 cent per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The legal technology company posted revenue of $35.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $34.9 million.
For the year, the company reported a loss of $42.2 million, or 70 cents per share. Revenue was reported as $138.1 million.
For the current quarter ending in March, CS Disco said it expects revenue in the range of $34.5 million to $36.5 million.
The company expects full-year revenue in the range of $143 million to $155 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