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Stock impact report

DISCO Announces First Quarter 2024 Financial Results

CS Disco, Inc. (LAW) 
Company Research Source: Business Wire
Total Revenue of $35.6 Million, A Year over Year Increase of 7% AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW) today announced financial results for its first quarter ended March 31, 2024.“We are happy to announce that this quarter we saw our fourth consecutive quarter of year-over-year revenue growth as well as the launch of new core platform and Cecilia AI features,” said Scott Hill, Incoming Chair of the Board of Directors and former Chief Executive Officer. “We are also excited to introduce Eric Friedrichsen as the CEO of DISCO. Eric’s deep operational background in sales and product, combined with a history of scaling software businesses and building organizations with strong cultures, makes him uniquely positioned to lead DISCO into the next stage.”First Quarter 2024 Financial Highlights:Software revenue was $29.9 million, up 9% compared to the first quarter of 2023.Total revenue was $35.6 million, up 7% compared to the first quarter of 2023.GAAP net los Show less Read more
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