DISCO Q2 2023 revenue $34.3M (+2% YoY); net loss narrows to $14.9M

CS Disco, Inc.

2023-Q2 EPS reported -$0.59 revenue$67,405,000

Revenue $34.3M, up 2% YoY; GAAP net loss $14.9M vs $20.2M loss in Q2 2022.
Adjusted EBITDA loss ($7.4M), improving from ($12.4M) in prior year.
Customer count grew 14% to 1,431; launched Cecilia Private Access AI chatbot.
Q3 2023 guidance: revenue $33-35M, Adj. EBITDA ($8)-($6)M.
FY2023 outlook: revenue $135-145M, Adj. EBITDA ($34)-($30)M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CS Disco, Inc. reported second quarter ended June 30, 2023 results: revenue $34.3 million, net income GAAP net loss was $14.9 million. Guidance initiated.

Period: second quarter ended June 30, 2023
Revenue: $34.3 million
Net income: GAAP net loss was $14.9 million
Guidance: initiated
Result: reported results

Exact text from the filing

DISCO Announces Second Quarter 2023 Financial Results Total Revenue of $34.3 Million, A Year over Year Increase of 2%

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CS Disco, Inc. filing history →

Source: SEC EDGAR

accession 0001625641-23-000086

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