secwatch.observer — SEC 8-K summary
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Issuer:     CS Disco, Inc. (LAW)
CIK:        0001625641
Form:       8-K
Filed at:   2022-05-12T23:59:59+00:00
Accession:  0001625641-22-000056
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DISCO Q1 revenue $34.5M (+63% YoY); net loss widens to $11.8M; guides FY22 rev $149-153M
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- Total revenue $34.5M, up 63% vs Q1 2021; GAAP net loss $11.8M vs $2.9M loss year-ago.
- Adjusted EBITDA loss of $7.8M vs $1.9M loss in Q1 2021; margins pressured by investments.
- Acquired legal hold workflow solutions from Congruity360 for cash and contingent consideration.
- Q2 2022 outlook: revenue $32M-$34M (8%-15% YoY growth); adjusted EBITDA loss $15M-$17M.
- FY 2022 guidance: revenue $149M-$153M (30%-34% growth); adjusted EBITDA loss $43.5M-$51.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625641/000162564122000056/0001625641-22-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625641/000162564122000056/law-20220512.htm
  HTML page:      https://secwatch.observer/filing/0001625641-22-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer