Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
CS Disco, Inc. reported fiscal year 2022 results: revenue $132.0 million to $136.0 million.
- Period
- fiscal year 2022
- Revenue
- $132.0 million to $136.0 million
- Result
- preliminary results
Exact text from the filing
As of January 19, 2023, CS Disco, Inc. (the “Company”) expects to report revenue for fiscal year 2022 of $132.0 million to $136.0 million, consistent with the outlook provided on November 10, 2022. In addition, Adjusted EBITDA is expected to be a loss less than the previously issued guidance range of ($54.0) million to ($50.0) million.
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Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
CS Disco, Inc. announced a restructuring with charges of approximately $0.9 million to $1.1 million (approximately 62 employees, representing approximately 9% of the Company’s current global workforce).
- Type
- restructuring
- Charge
- approximately $0.9 million to $1.1 million
- Headcount
- approximately 62 employees, representing approximately 9% of the Company’s current global workforce
Exact text from the filing
intended to reduce the Company’s cost structure and accelerate its path to profitability. The Company estimates that it will incur non-recurring charges of approximately $0.9 million to $1.1 million in connection with the Plan, consisting of cash expenditures primarily for employee severance and other termination benefits. The Company expects that the
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