DISCO Q4 revenue +10% to $35.7M; FY net loss narrows; Cecilia AI launched

CS Disco, Inc.

2023-FY EPS reported -$0.70 revenue$138,090,000

Q4 revenue $35.7M (+10% YoY); GAAP net loss $5.8M vs $18.7M loss prior year.
FY2023 revenue $138.1M (+2%); net loss $42.2M vs $70.8M; Adj. EBITDA -$25.9M vs -$44.5M.
Customer count grew 9% to 1,441; launched Cecilia AI platform with Q&A and Timelines.
Q1 2024 guidance: total revenue $34.5-36.5M, Adjusted EBITDA ($8M)-($6M).
CEO Scott Hill granted 218,484 RSUs vesting over 3 quarterly dates starting May 2024.

item 2.02 item 5.02 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 Fiscal Year 2024 results: revenue $143.0 - $155.0 million. Guidance initiated.

Period: Fiscal Year 2024
Revenue: $143.0 - $155.0 million
Guidance: initiated
Result: guidance update

Exact text from the filing

Fiscal year 2024: • Software revenue in the range of $120.0 - $127.0 million. • Total revenue in the range of $143.0 - $155.0 million. • Adjusted EBITDA in the range of ($26.0) - ($19.0) million.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CS Disco, Inc. reported First Quarter 2024 results: revenue $34.5 - $36.5 million. Guidance initiated.

Period: First Quarter 2024
Revenue: $34.5 - $36.5 million
Guidance: initiated
Result: guidance update

Exact text from the filing

First quarter of 2024: • Software revenue in the range of $29.5 - $30.5 million. • Total revenue in the range of $34.5 - $36.5 million. • Adjusted EBITDA in the range of ($8.0) - ($6.0) million.

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CS Disco, Inc. filing history →

Source: SEC EDGAR

accession 0001625641-24-000031

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