CS Disco, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 04:05 pm EDT
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CS Disco, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 34.28 million compared to USD 33.71 million a year ago. Net loss was USD 14.92 million compared to USD 20.17 million a year ago. Basic loss per share from continuing operations was USD 0.25 compared to USD 0.35 a year ago.
For the six months, sales was USD 67.41 million compared to USD 68.18 million a year ago. Net loss was USD 35.28 million compared to USD 32.02 million a year ago. Basic loss per share from continuing operations was USD 0.59 compared to USD 0.55 a year ago.
CS Disco, Inc. provides cloud-native, artificial intelligence (AI)-powered legal product offerings that simplify legal hold, legal request, ediscovery, legal document review and case management for enterprises, law firms, legal service providers, and governments. The Companyâs integrated product offerings enable legal departments to collect, process and review enterprise data that is relevant or potentially relevant to legal matters. Its comprehensive product offerings include DISCO Hold, DISCO Request, DISCO Ediscovery, DISCO Review, and DISCO Case Builder. DISCO Hold automates the manual work necessary to comply with preservation requirements, empowering legal teams to preserve data, notify custodians, track holds with a defensible audit trail, and collect data when ready. DISCO Request automates response compliance for legal requests like service of process requests, subpoenas, and law enforcement requests, giving legal teams control and visibility from intake to resolution.
CS DISCO, INC. 
