CS Disco reports Q2 EPS (11c), consensus (20c)

Reports Q2 revenue $34.3M, consensus $32.14M. “Over the last quarter we have seen significant progress towards our path to profitability with an approximate 40% improvement in Adjusted EBITDA quarter over quarter,” said Kiwi Camara, DISCO Co-Founder and Chief Executive Officer. “We are very proud of the progress DISCO has made over the last two years of being public. We have scaled our business to over $130 million in revenue, grew our customer count by more than 44%, augmented our platform with new products and AI capabilities, and expanded our global footprint to Canada and India. We are happy with the progress we have made as a company and are excited to further our mission of providing a magical solution to lawyers that empowers them to focus on delivering better legal outcomes.”