DISCO Q3 revenue $29.9M (+67% YoY); net loss widens to $9.2M

CS Disco, Inc.

2021-Q3 EPS reported -$0.61 revenue$80,533,000

Total revenue $29.9M, up 67% YoY; GAAP net loss $9.2M vs $3.2M loss in Q3 2020.
Adjusted EBITDA loss of $7.6M, compared to $3.2M loss in prior year.
Completed secondary offering netting $310.2M to selling stockholders on Sept 17.
Q4 outlook: revenue $28.2-28.8M (47-50% YoY growth); Adjusted EBITDA loss $9-10M.
FY2021 outlook: revenue $108.7-109.3M (59-60% YoY growth); Adjusted EBITDA loss $20.1-21.1M.

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