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Dec 31, 2021
CS Disco Q4 2021 Earnings Report
CS Disco's Q4 2021 financial results were announced, demonstrating significant revenue growth and ongoing investment in technology.
Key Takeaways
CS Disco reported a strong fourth quarter with total revenue of $33.8 million, representing a 76% year-over-year increase. The company's GAAP net loss was $9.1 million, and adjusted EBITDA was ($5.3) million.
Total revenue reached $33.8 million, a 76% increase compared to Q4 2020.
GAAP net loss was $9.1 million, compared to $3.0 million in Q4 2020.
Adjusted EBITDA was ($5.3) million, compared to ($2.1) million in Q4 2020.
The company issued financial outlook for Q1 2022 and fiscal year 2022.
Forward Guidance
DISCO provided financial outlook for the first quarter and full year 2022.
Positive Outlook
- Revenue in the range of $30.0 - $31.0 million for Q1 2022, representing year-over-year growth between 42% and 47%.
- Revenue in the range of $146.8 - $150.8 million for fiscal year 2022, representing year-over-year growth between 28% and 32%.
Challenges Ahead
- Adjusted EBITDA in the range of ($12.5) - ($11.5) million for Q1 2022.
- Adjusted EBITDA in the range of ($51.5) - ($43.5) million for fiscal year 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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