earnings
confidence high
sentiment negative
materiality 0.70
DISCO Q3 revenue up 4% to $36.3M, net loss widens to $9.2M
CS Disco, Inc.
2024-Q3 EPS reported
-$0.51
revenue$107,842,000
- Total revenue $36.3M (+4% YoY); software revenue $30.2M (+6%).
- GAAP net loss $9.2M (vs $1.0M loss in Q3 2023); adjusted EBITDA $(4.5)M flat YoY.
- New execs: Lauren Caruso (CSO), Susan Garcia (GC/Chief Compliance), Joe Jacobson (SVP Ops).
- Cecilia Auto Review launched in NA; Cecilia AI Platform launched in EU/UK.
- Q4 guidance: total rev $35.2-37.2M, adj EBITDA $(7.6)-(5.6)M; FY2024 total rev $143-145M.