CS Disco announced its Q4 2023 financial results, featuring a 10% increase in total revenue year-over-year, reaching $35.7 million. The company also reported a GAAP net loss of $5.8 million, significantly lower than the $18.7 million loss in Q4 2022. The customer base grew by 9% to 1,441 customers. Looking forward, DISCO provided its Q1 2024 revenue guidance in the range of $34.5 - $36.5 million.
Total revenue increased by 10% year-over-year to $35.7 million.
GAAP net loss improved to $5.8 million, compared to $18.7 million in the fourth quarter of 2022.
Adjusted EBITDA was ($1.0) million, improved from ($11.2) million in the fourth quarter of 2022.
Customer count grew by 9% year-over-year, reaching 1,441 customers.
DISCO provided financial outlook for the first quarter and full year 2024.
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