earnings
confidence high
sentiment negative
materiality 0.70
Disco Q2 revenue $33.7M (+14% YoY); net loss widens to $20.2M, guidance shows deepening losses
CS Disco, Inc.
2022-Q2 EPS reported
-$0.55
revenue$68,178,000
- Revenue of $33.7M, up 14% YoY; GAAP net loss of $20.2M vs $3.1M loss in Q2 2021.
- Adjusted EBITDA loss of $12.4M, compared to $1.6M loss a year ago.
- Customer count reached 1,255, a 27% increase YoY.
- Q3 2022 guidance: revenue $32-34M, Adj EBITDA ($19.5)-($17.5)M.
- FY 2022 guidance: revenue $132-136M (15-19% growth), Adj EBITDA ($60)-($56)M.