CS Disco to Report Q2 Earnings Wednesday After Market Close
August 9, 2023
🌥️Trending News
CS ($NYSE:LAW) Disco is set to report its second quarter financials on Wednesday, August 9th, following the market close. The company is a leading provider of software and services to companies across many industries. CS Disco‘s products and services make it easier for businesses to manage their data and capture important insights into their operations. Investors will be closely watching the company’s earnings announcement to gain an understanding of their current financial position and see how the business is performing in the face of a turbulent market. Analysts and shareholders will be looking for any changes in revenue, profit margins, or guidance that could affect the stock price.
Additionally, investors will be eager to learn more about the company’s plans for the future and any strategic initiatives that may be underway. In the last earnings report, CS Disco posted strong quarterly results and increased its guidance for the remainder of the year. With the stock currently trading near its all-time high, investors will be watching closely for any indication of a slowdown or potential upside.
Earnings
According to its last reported earnings from the first quarter of FY2023 ending on March 31 2021, the company earned 21.13 million USD in total revenue and had a net loss of 2.93 million USD. When compared to the same period of the previous year, this represents a 38.7% decrease in total revenue. However, CS DISCO has seen an increase in total revenue over the last three years, with an increase from 21.13 million USD to 33.13 million USD.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cs Disco. More…
| Total Revenues | Net Income | Net Margin |
| 133.85 | -79.28 | -59.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cs Disco. More…
| Operations | Investing | Financing |
| -49.38 | -5.77 | 4.21 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cs Disco. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 241.28 | 29.48 | 3.55 |
Key Ratios Snapshot
Some of the financial key ratios for Cs Disco are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 40.7% | – | -60.3% |
| FCF Margin | ROE | ROA |
| -40.3% | -23.2% | -20.9% |
Price History
The pre-report news was not positive, with their stock opening at $9.1 on Monday and closing at $8.6, a 6.4% drop from the previous closing price of $9.2. This decline in stock price could mean investors are expecting lower earnings for the quarter than the company had predicted. The upcoming announcement will be closely watched to see how the company fared and whether it can make a comeback in the near future. Live Quote…
Analysis
At GoodWhale, we have analyzed the basic principles of CS DISCO. Our Star Chart shows that CS DISCO is strong in asset and growth, but weak in dividend and profitability. Based on this, we classify CS DISCO as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. While this type of company may not be suitable for all investors, it may be attractive to those looking for an aggressive growth opportunity with higher potential returns. One factor to consider is that despite its weaker profitability, CS DISCO has an intermediate health score of 6/10, meaning that it may be able to safely ride out any crisis without the risk of bankruptcy. More…
Peers
The competition among CS Disco Inc and its competitors is fierce. All four companies are vying for market share in the enterprise communications market. CS Disco Inc has the advantage of being the market leader, but its competitors are not far behind. Cistera Networks Inc is a strong competitor with a strong product offering.
– Cistera Networks Inc ($OTCPK:CNWT)
Cistera Networks Inc. is a provider of real-time enterprise communications solutions. The company’s solutions are designed to improve the efficiency and productivity of mobile and distributed workforces. Cistera Networks Inc. has a market cap of 1.12M as of 2022 and a Return on Equity of 3.67%. The company’s products and services include unified communications, VoIP, and video conferencing.
– Avaya Holdings Corp ($NYSE:AVYA)
Avaya Holdings Corp is a provider of business communications and collaboration solutions. The company has a market cap of 106.82M and a ROE of 18.99%. Avaya offers a portfolio of products and services that enable organizations to communicate and collaborate more effectively.
– Progress Software Corp ($NASDAQ:PRGS)
Progress Software Corporation is an American publicly traded company that provides application development and digital experience technologies. Its products are designed to help developers progress their applications from concept to customer. The company has a market cap of $2.09 billion and a return on equity of 20.71%.
Summary
CS Disco is a publicly traded company that is set to release its quarterly earnings report on Wednesday, August 9th. Analysts have been keeping an eye on the company’s performance in recent months and are expecting to see an increase in overall profits. Investors will be keeping an eye on the earnings report to assess the company’s financial health and determine whether or not to invest in CS Disco.
It is likely that the stock price will move depending on the earnings report, and investors should keep an eye on the market to see how it responds. In any case, CS Disco has been a solid performer in the market and investors who already own shares should consider holding for the long term.
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