NYSE$LAW
CS Disco Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong revenue growth driven by the adoption of DISCO solutions.
CS Disco reported an 88% increase in total revenue compared to the second quarter of 2020, reaching $29.5 million. The company's GAAP net loss decreased to $3.1 million, and adjusted EBITDA improved to ($1.6) million.
- Total revenue reached $29.5 million, an 88% increase year-over-year.
- GAAP net loss was $3.1 million, improved from $5.5 million in the second quarter of 2020.
- Adjusted EBITDA was ($1.6) million, compared to ($4.4) million in the second quarter of 2020.
- Completed initial public offering, resulting in net proceeds of approximately $223.2 million.
Headline financials
Revenue & EPS history
CS Disco · Revenue · Quarterly
$29.5M
Forward guidance
DISCO provided financial outlook for the third quarter and full year 2021.
Tailwinds
- Third quarter revenue is expected to be in the range of $25.5 - $25.9 million, representing year-over-year growth between 43% and 45%.
- Full year revenue is expected to be in the range of $103.5 - $104.3 million, representing year-over-year growth between 51% and 52%.
Headwinds
- Third quarter adjusted EBITDA is expected to be in the range of ($11.1) - ($10.3) million.
- Full year adjusted EBITDA is expected to be in the range of ($24.0) - ($22.9) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+0.3%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-6.5%
Avg return
30 days after
48%
11 / 23 earnings
Positive
+29.5%
Q3 2022
Best reaction
-53.1%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -19.7% | -20.3% | -18.6% | |
| Q4 2025 | -15.4% | +8.0% | +12.9% | |
| Q3 2025 | +9.6% | +14.0% | +19.9% | |
| Q1 2025 | +9.9% | +11.6% | +22.6% | |
| Q4 2024 | +5.0% | +0.4% | -10.6% | |
| Q3 2024 | -0.5% | -1.5% | -0.8% | |
| Q2 2024 | -2.2% | +0.4% | -3.2% | |
| Q1 2024 | -14.8% | -14.0% | -26.2% | |
| Q4 2023 | -4.5% | -6.7% | +7.4% | |
| Q3 2023 | -2.9% | -7.4% | +13.3% | |
| Q2 2023 | +21.7% | +12.5% | +8.5% | |
| Q1 2023 | -2.2% | +2.0% | +36.1% | |
| Q4 2022 | -27.6% | -23.1% | -32.1% | |
| Q3 2022 | +29.5% | +26.4% | -13.8% | |
| Q2 2022 | -53.1% | -49.5% | -50.8% | |
| Q1 2022 | +27.3% | +21.2% | -7.0% | |
| Q4 2021 | +16.3% | +22.3% | +10.6% | |
| Q3 2020 | -11.1% | -5.4% | -29.5% | |
| Q3 2021 | -6.4% | -9.8% | -28.2% | |
| Q2 2020 | +12.6% | +12.8% | -16.3% | |
| Q1 2021 | +12.6% | +12.8% | -16.3% | |
| Q4 2020 | +12.6% | +12.8% | -16.3% | |
| Q2 2021 | +9.5% | +21.0% | -10.1% | |
| Q1 2020 | — | — | — |
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