secwatch.observer — SEC 8-K summary
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Issuer:     CS Disco, Inc. (LAW)
CIK:        0001625641
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001625641-24-000071
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DISCO Q1 revenue $35.6M (+7% YoY), net loss narrows; appoints Eric Friedrichsen as CEO
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- Q1 total revenue $35.6M, up 7% YoY; software revenue $29.9M, up 9% YoY.
- GAAP net loss $10.6M ($0.75 per share) vs $20.4M loss in Q1 2023; adjusted EBITDA loss $5.2M vs $13.0M.
- Eric Friedrichsen appointed CEO effective April 29, 2024, replacing outgoing leadership.
- Q2 2024 guidance: total revenue $34.5M-$36.5M, adjusted EBITDA loss $7.5M-$5.5M.
- Customer count grew 4% YoY to 1,442; launched Cecilia Deposition Summaries AI tool.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625641/000162564124000071/0001625641-24-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625641/000162564124000071/law-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001625641-24-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer