CS Disco, Inc. (LAW) Q3 2024 Earnings Call Transcript Summary
CS Disco, Inc. (LAW) Q3 2024 Earnings Call Transcript Summary
The company reported a negative adjusted EBITDA of $4.5 million, representing a negative 12% EBITDA margin.The following is a summary of the CS Disco, Inc. (LAW) Q3 2024 Earnings Call Transcript:
以下是CS Disco, Inc.（LAW）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
CS Disco reported a total Q3 2024 revenue of $36.3 million, reflecting a 4% year-over-year increase.
Software revenue for Q3 2024 stood at $30.2 million, up 6% compared to the previous year.
The company reported a negative adjusted EBITDA of $4.5 million, representing a negative 12% EBITDA margin.
CS Disco報告稱，2024年第三季度總收入爲3630萬美元，同比增長4％。
2024年第三季度的軟件收入爲3,020萬美元，與上年相比增長6％。
該公司報告調整後的息稅折舊攤銷前利潤爲負450萬美元，折舊攤銷前利潤率爲負12％。
Business Progress:
業務進展：
CS Disco continues to focus on expanding within larger customers and industries with significant eDiscovery needs.
There were strategic additions to the sales team to accelerate market penetration among larger law firms and corporate customers.
New product capabilities and continuous enhancement of Cecilia AI are underway to maintain leadership in legal technology solutions.
CS Disco繼續專注於在大型客戶和具有大量電子發現需求的行業中進行擴張。
戰略性地增加了銷售團隊，以加快大型律師事務所和企業客戶的市場滲透率。
Cecilia AI的新產品功能和持續增強正在進行中，以保持法律技術解決方案領域的領先地位。
Opportunities:
機會：
CS Disco is capturing more long-term and larger wallet share from significant annual eDiscovery spenders, including Fortune 500 companies and large practice firms.
The positive reception of Disco's product line by new and restructuring legal teams in large organizations is generating multiyear contractual commitments.
Enhanced AI platform 'Cecilia' is recognized for its superiority over competitors, anticipated to drive future adoption and penetration in conservative legal sectors.
CS Disco正在從包括財富500強公司和大型執業公司在內的大量年度電子發現支出者那裏獲得更多長期和更大的錢包份額。
大型組織的新法律團隊和重組法律團隊對Disco產品線的積極歡迎正在產生多年的合同承諾。
增強型人工智能平台 「Cecilia」 因其相對於競爭對手的優勢而獲得認可，預計將推動未來在保守法律領域的採用和滲透。
Risks:
風險：
CS Disco's shift to focus more on larger clients and deals has led to restructuring, including lay-offs, and refocusing which pose risks if the larger market strategic alignment and execution falter.
The negative adjusted EBITDA and continued operational losses indicate financial health risks if growth and cost management strategies do not materialize as planned.
CS Disco轉向更多地關注較大的客戶和交易，這導致了重組，包括裁員和重新調整重點，如果更大的市場戰略協調和執行步履蹣跚，則會帶來風險。
如果增長和成本管理戰略不按計劃實現，調整後的息稅折舊攤銷前利潤和持續的運營虧損表明了財務健康風險。
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譯文內容由第三人軟體翻譯。
