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Stock impact report

DISCO Announces Third Quarter 2024 Financial Results

CS Disco, Inc. (LAW) 
Company Research Source: Business Wire
Total Revenue of $36.3 Million, A Year over Year Increase of 4% AUSTIN, Texas--(BUSINESS WIRE)--CS Disco, Inc. (“DISCO”) (NYSE: LAW) today announced financial results for its third quarter ended September 30, 2024.“As we continue to focus on the customer experience, operational effectiveness and revenue acceleration, I am excited about the path forward for DISCO with continued product innovation,” said CEO Eric Friedrichsen. “DISCO’s combination of AI-driven products and teams of legal and professional experts is a clear differentiator in legal technology, and we continue to demonstrate the power of our platform and our people for the largest and most important matters in litigation.”Third Quarter 2024 Financial Highlights:Software revenue was $30.2 million, up 6% compared to the third quarter of 2023.Total revenue was $36.3 million, up 4% compared to the third quarter of 2023.GAAP net loss was $9.2 million, compared to $1.0 million in the third quarter of 2023.Adjusted EBITDA was Show less Read more
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