DISCO reports FY2022 revenue $135.2M (+18% YoY) but net loss widens to $70.8M; Q4 revenue down 4%

CS Disco, Inc.

2022-FY EPS reported -$1.20 revenue$135,190,000

FY2022 total revenue $135.2M, up 18% YoY; GAAP net loss $70.8M vs $24.3M in FY2021.
Q4 2022 revenue $32.5M, down 4% YoY; GAAP net loss $18.7M vs $9.1M in Q4 2021.
Adjusted EBITDA for FY2022 was ($44.5M) vs ($16.3M) in FY2021; Q4 Adj EBITDA ($11.2M) vs ($5.3M).
Q1 2023 guidance: revenue $30.5-32.5M, Adj EBITDA ($16.5)-($14.5)M; FY2023 revenue $135-145M, Adj EBITDA ($42)-($38)M.
Recognized as leader in G2 Momentum Grid and IDC MarketScape for eDiscovery.

item 2.02 item 9.01

Key facts

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 the fiscal year ended December 31, 2022 results: revenue $135.2 million, net income $70.8 million net loss.

Period: the fiscal year ended December 31, 2022
Revenue: $135.2 million
Net income: $70.8 million net loss
Result: reported results

Exact text from the filing

Fiscal Year 2022 Financial Highlights: • Total revenue was $135.2 million, up 18% compared to fiscal year 2021. • GAAP net loss was $70.8 million, compared to $24.3 million in fiscal year 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CS Disco, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $32.5 million, net income $18.7 million net loss.

Period: the fourth quarter ended December 31, 2022
Revenue: $32.5 million
Net income: $18.7 million net loss
Result: reported results

Exact text from the filing

Fourth Quarter 2022 Financial Highlights: • Total revenue was $32.5 million, down 4% compared to the fourth quarter of 2021. • GAAP net loss was $18.7 million, compared to $9.1 million in the fourth quarter of 2021.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CS Disco, Inc. reported first quarter of 2023 results: revenue $30.5 - $32.5 million. Guidance initiated.

Period: first quarter of 2023
Revenue: $30.5 - $32.5 million
Guidance: initiated
Result: guidance update

Exact text from the filing

First quarter of 2023: • Revenue in the range of $30.5 - $32.5 million. • Adjusted EBITDA in the range of ($16.5) - ($14.5) million.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CS Disco, Inc. reported fiscal year 2023 results: revenue $135.0 - $145.0 million. Guidance initiated.

Period: fiscal year 2023
Revenue: $135.0 - $145.0 million
Guidance: initiated
Result: guidance update

Exact text from the filing

Fiscal year 2023: • Revenue in the range of $135.0 - $145.0 million. • Adjusted EBITDA in the range of ($42.0) - ($38.0) million.

View on SEC.gov

Browse all earnings releases →

CS Disco, Inc. filing history →

Source: SEC EDGAR

accession 0001625641-23-000019

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.