2023-05-10 17:00:59 ET
- CS Disco press release ( NYSE: LAW ): Q1 GAAP EPS of -$0.34 beats by $0.01 .
- Revenue of $33.1M (-4.1% Y/Y) beats by $1.57M .
- Adjusted EBITDA was -$13.0 million, compared to -$7.8 million in the first quarter of 2022.
- As of May 10, 2023, DISCO is issuing the following outlook for the second quarter of 2023 and fiscal year 2023 : Second quarter of 2023 : Revenue in the range of $31.0 - $33.0 million vs. consensus of $33.43M. Adjusted EBITDA in the range of ($12.0) - ($10.0) million.
- Fiscal year 2023: Revenue in the range of $135.0 - $145.0 million vs. consensus of $139.73M. Adjusted EBITDA in the range of ($40.0) - ($36.0) million.
For further details see:
CS Disco beats Q1 top and bottom line estimates; initiates Q2 and updates FY23 outlook