Welcome to our dedicated page for Cs Disco news (Ticker: LAW), a resource for investors and traders seeking the latest updates and insights on Cs Disco stock.
CS Disco, Inc. (DISCO) (NYSE: LAW) is a software publisher in the information sector that focuses on legal technology and modern litigation. Its public communications describe a cloud-native, AI-powered platform that supports discovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. The LAW news feed on Stock Titan brings together these company announcements so investors and legal professionals can follow how DISCO’s strategy and products evolve over time.
News about DISCO often centers on quarterly financial results, product launches, and developments in artificial intelligence for legal work. The company regularly issues earnings releases that discuss software revenue, total revenue, and non-GAAP measures such as Adjusted EBITDA, along with commentary from management on trends in large matters, customer adoption, and the use of its Cecilia AI Platform. These releases are typically accompanied by conference call details and references to related SEC filings.
Product-focused news highlights DISCO’s litigation technology capabilities, including the launch and expansion of tools such as Auto Review, a generative AI automated review tool, and Searchable AV Transcriptions, which converts audio and video files into searchable, reviewable text. The company also reports on the rollout of its Cecilia AI tools and on strategic partnerships, such as its eDiscovery and technology partnership with Mourant.
Governance and leadership updates, including chief financial officer transitions and board appointments, are also disclosed through press releases and Form 8-K filings. For anyone tracking LAW, this news page offers a centralized view of DISCO’s reported financial performance, product roadmap, AI initiatives, and key corporate developments. Investors, analysts, and legal industry observers can use this stream of information to understand how the company positions itself within the legal technology and software space.
DISCO (NYSE:LAW) has appointed
DISCO (NYSE:LAW) has officially opened its new office in New York City, located at 335 Madison Avenue, to support its aggressive global expansion. This strategic move aims to strengthen proximity to major law firms and corporations, enhancing customer engagement and access to top legal talent. CEO Kiwi Camara emphasized the importance of being present in key markets to meet growing demand. Future expansions are also planned for Canada and Europe.
CS Disco, Inc. (NYSE: LAW) reported first-quarter 2022 total revenue of $34.5 million, a 63% year-over-year increase. However, the company experienced a GAAP net loss of $11.8 million, worsening from $2.9 million in Q1 2021. Adjusted EBITDA was (\$7.8 million), compared to (\$1.9 million) in the prior year. The company announced its first acquisition of legal hold workflow technologies to enhance its cloud-based offerings. For Q2 2022, DISCO projects revenue between $32.0 - $34.0 million and an adjusted EBITDA loss between (\$17.0) - (\$15.0 million).
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Backflip, a fintech startup, has announced an
DISCO (NYSE:LAW) has appointed Jignasha Amin Grooms as executive vice president and chief human resources officer to oversee its HR functions, focusing on recruitment, diversity, and corporate responsibility as the company expands globally. Grooms, a seasoned HR leader recognized as the 2021 Gold GLOBEE Human Resources Executive of the Year, brings over 20 years of IT experience, having worked with major companies like Dell and Cisco. CEO Kiwi Camara emphasized the importance of investing in talent to support DISCO's growth and mission-driven culture.
CS Disco, Inc. (NYSE: LAW) is set to announce its first quarter financial results for the period ending March 31, 2022, on May 12, 2022, following market close. A conference call will take place at 5:00 p.m. ET to discuss these results. DISCO is known for its cloud-native, AI-powered legal solutions that assist enterprises and law firms with ediscovery and case management. For more information, the call can be accessed via telephone or through a live webcast on DISCO’s investor relations website.
DISCO (NYSE: LAW) has acquired Hold360 and Request360 from Congruity 360, enhancing its cloud-based ediscovery platform. The acquisition introduces advanced legal workflow capabilities, allowing for streamlined compliance with legal preservation obligations. These products enable legal teams to electronically hold data without involving IT departments, promoting efficiency and compliance with state and federal laws. DISCO aims to leverage these technologies to transform legal work and better serve its customers.
CS Disco, Inc. (LAW) reported a strong fourth quarter 2021, achieving total revenue of $33.8 million, a 76% increase year over year. However, the company recorded a GAAP net loss of $9.1 million, worsening from $3.0 million in Q4 2020. For fiscal 2021, total revenue reached $114.3 million, up 67%, but the net loss was $24.3 million. Looking ahead, DISCO anticipates Q1 2022 revenue between $30.0 million and $31.0 million, representing 42%-47% growth year over year, along with a fiscal 2022 revenue outlook of $146.8 million to $150.8 million.
Passage, a leader in passwordless identity solutions, has announced the launch of its public beta version, backed by $4 million in new funding from LiveOak Venture Partners and others. The company focuses on biometric authentication, enabling users to log in via Face ID and Touch ID, enhancing security and user experience. This funding will expand developer outreach and innovation in biometric solutions, eliminating reliance on passwords and improving conversion rates by reducing user friction during the login process.
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