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Stock impact report

CS Disco Inc (LAW) Reports Revenue Growth and Narrowed Net Loss in FY2023 [Yahoo! Finance]

CS Disco, Inc. (LAW) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA: Improved to ($25.9) million in FY2023 from ($44.5) million in FY2022. Customer Growth: 9% increase in customer count, reaching 1,441 by end of FY2023. Q4 Performance: Q4 revenue up 10% year-over-year, with GAAP net loss significantly reduced. Future Outlook: Provides guidance for Q1 and full year 2024 with expected revenue growth and adjusted EBITDA range. Warning! GuruFocus has detected 2 Warning Sign with LAW. On February 22, 2024, CS Disco Inc ( NYSE:LAW ) released its 8-K filing , announcing its financial results for the fourth quarter and fiscal year ended December 31, 2023. The company, which offers cloud-native, AI-powered legal solutions, reported a 10% increase in total revenue for Q4 2023, amounting to $35.7 million, and a 2% increase in total revenue for the fiscal year, reaching $138.1 million. CS Disco Inc's GAAP net loss for the fiscal year improved to $42.2 million, down from $70.8 million in the previous year. Adjusted EBITDA also showed s Show less Read more
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