CS Disco Reports Modest Revenue Growth Amid Losses

Cs Disco, Inc. ( (LAW) ) has released its Q1 earnings. Here is a breakdown of the information Cs Disco, Inc. presented to its investors.

CS Disco, Inc., a company at the forefront of litigation technology, offers a cloud-native platform that leverages AI to assist legal teams in managing complex legal matters efficiently. In its first-quarter 2025 financial results, DISCO reported a total revenue of $36.7 million, marking a 3% increase from the previous year. Despite the growth in revenue, the company experienced a net loss of $11.4 million, slightly higher than the $10.6 million loss in the same quarter of 2024.

Key financial highlights include a software revenue of $30.9 million, also up by 3% year-over-year. The company’s adjusted EBITDA stood at $(5.1) million, showing a marginal improvement from $(5.2) million in the previous year. DISCO also announced several strategic developments, such as the introduction of new product features like Cecilia Definitions and the appointment of Tom Bogan to its Board of Directors, enhancing its leadership with extensive experience in software and SaaS platforms.

Looking ahead, DISCO has issued a financial outlook for the second quarter and the full year of 2025, projecting software revenue to range between $31.25 million and $32.25 million for the next quarter and between $125.5 million and $131.5 million for the fiscal year. Total revenue is expected to be between $146.0 million and $158.0 million for the year, with adjusted EBITDA anticipated to be between $(18.0) million and $(15.0) million.

Overall, while DISCO continues to face challenges with its net losses, its strategic initiatives and revenue growth indicate a focus on long-term expansion and innovation in the legal technology sector.