DISCO Q2 revenue $36.0M, up 5% YoY; net loss narrows to $10.8M

CS Disco, Inc.

2024-Q2 EPS reported -$0.35 revenue$71,576,000

Software revenue $29.3M (+8% YoY); total revenue $36.0M (+5% YoY).
GAAP net loss $10.8M vs $14.9M prior year; Adjusted EBITDA -$4.7M vs -$7.4M.
Appointed Richard Crum as Chief Product Officer effective July 15, 2024.
Customer count reached 1,449; launched mass redactions and Cecilia Doc Summaries AI tool.
Q3 guidance: total rev $35.3M-$37.3M; FY2024 rev $143M-$147M.

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