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CS Disco (LAW) Projected to Post Quarterly Earnings on Thursday

CS Disco logo with Computer and Technology background

CS Disco (NYSE:LAW - Get Free Report) will likely be announcing its earnings results after the market closes on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $36.03 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.

CS Disco Trading Down 3.3 %

NYSE LAW traded down $0.18 on Friday, reaching $5.31. 133,752 shares of the company were exchanged, compared to its average volume of 95,543. The business's fifty day moving average price is $5.23 and its 200 day moving average price is $5.55. The stock has a market capitalization of $318.12 million, a P/E ratio of -8.85 and a beta of 2.06. CS Disco has a fifty-two week low of $4.67 and a fifty-two week high of $8.57.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on LAW shares. Jefferies Financial Group lowered their price objective on CS Disco from $6.00 to $5.50 and set a "hold" rating on the stock in a research note on Monday, January 6th. Needham & Company LLC reaffirmed a "buy" rating and issued a $8.00 price target on shares of CS Disco in a research note on Monday, December 9th.

View Our Latest Report on LAW

Insider Activity at CS Disco

In related news, CFO Michael Lafair sold 12,042 shares of the business's stock in a transaction on Monday, November 18th. The stock was sold at an average price of $5.40, for a total value of $65,026.80. Following the sale, the chief financial officer now owns 781,060 shares in the company, valued at approximately $4,217,724. The trade was a 1.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 15.60% of the company's stock.

About CS Disco

(Get Free Report)

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.

Further Reading

Earnings History for CS Disco (NYSE:LAW)

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