DISCO Announces Third Quarter 2021 Financial Results
CS Disco, Inc. (LAW)
Company Research
Source: Business Wire
Total Revenue of $29.9 Million, an Increase of 67% Versus Prior Year AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW) today announced financial results for its third quarter ended September 30, 2021.“Our third quarter was one of the best quarters in DISCO history. In the third quarter, revenue was up 67% year-over-year driven by our strategic focus to serve the needs of our clients to increase productivity and efficiency,” said Kiwi Camara, CEO of DISCO. “This past quarter further illustrates our ability to disrupt the legal technology industry.”Third Quarter 2021 Financial Highlights:Total revenue was $29.9 million, up 67% compared to the third quarter of 2020.GAAP net loss was $9.2 million, compared to $3.2 million in the third quarter of 2020.Adjusted EBITDA was ($7.6) million, compared to ($3.2) million in the third quarter of 2020.Recent Business Highlights:Completed Secondary Public Offering: DISCO completed a secondary public offering on September 17, 202
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LAW
News
- CS Disco, Inc. (NYSE: LAW) is now covered by analysts at JPMorgan Chase & Co.. They set a "neutral" rating and a $9.00 price target on the stock.MarketBeat
- CS Disco, Inc. (NYSE: LAW) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $15.00 price target on the stock.MarketBeat
- CS Disco (LAW) Moves 8.7% Higher: Will This Strength Last? [Yahoo! Finance]Yahoo! Finance
- CS Disco Board Approves $20 Million Share Repurchase Authorization [Yahoo! Finance]Yahoo! Finance
- CS Disco Board Approves $20 Million Share Repurchase AuthorizationBusiness Wire
LAW
Earnings
- 2/22/24 - Beat
LAW
Sec Filings
- 3/1/24 - Form 4
- 3/1/24 - Form 4
- 3/1/24 - Form 4
- LAW's page on the SEC website