as the leading provider of software as a service solutions developed by lawyers for lawyers, disco is reinventing legal technology to automate and simplify complex and error-prone tasks that distract from practicing law. disco has been embraced by more than 400 law firms, including 50 of the top amlaw 200, as their first choice for innovative technologies that enhance the practice of law to help secure justice and win cases.
Company profile
Ticker
LAW
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
SEC CIK
Corporate docs
Subsidiaries
CS DISCO CANADA, LTD • CS DISCO LTD • CS DISCO INDIA PRIVATE LTD ...
IRS number
464254444
LAW stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
10 Apr 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
DISCO Announces Fourth Quarter and Fiscal Year 2023 Financial Results
22 Feb 24
8-K
Results of Operations and Financial Condition
4 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
DISCO Announces Third Quarter 2023 Financial Results
9 Nov 23
8-K
Departure of Directors or Certain Officers
11 Sep 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
DISCO Announces Second Quarter 2023 Financial Results
9 Aug 23
Transcripts
LAW
Earnings call transcript
2023 Q3
9 Nov 23
LAW
Earnings call transcript
2023 Q2
9 Aug 23
LAW
Earnings call transcript
2023 Q1
10 May 23
LAW
Earnings call transcript
2022 Q4
23 Feb 23
LAW
Earnings call transcript
2022 Q3
11 Nov 22
LAW
Earnings call transcript
2022 Q2
12 Aug 22
LAW
Earnings call transcript
2022 Q1
13 May 22
LAW
Earnings call transcript
2021 Q4
27 Feb 22
LAW
Earnings call transcript
2021 Q4
24 Feb 22
LAW
Earnings call transcript
2021 Q3
13 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 157.65 mm | 157.65 mm | 157.65 mm | 157.65 mm | 157.65 mm | 157.65 mm |
Cash burn (monthly) | 7.09 mm | 4.62 mm | 965.67 k | 5.18 mm | 2.30 mm | 3.17 mm |
Cash used (since last report) | 47.30 mm | 30.84 mm | 6.44 mm | 34.58 mm | 15.35 mm | 21.17 mm |
Cash remaining | 110.35 mm | 126.81 mm | 151.21 mm | 123.07 mm | 142.31 mm | 136.49 mm |
Runway (months of cash) | 15.6 | 27.4 | 156.6 | 23.7 | 61.9 | 43.0 |
Institutional ownership, Q3 2023
85.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 108 |
Opened positions | 23 |
Closed positions | 10 |
Increased positions | 23 |
Reduced positions | 34 |
13F shares | Current |
---|---|
Total value | 214.09 bn |
Total shares | 52.19 mm |
Total puts | 114.80 k |
Total calls | 170.30 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Deer Management | 8.65 mm | $57.45 bn |
Bessemer Venture Partners VIII Institutional | 8.65 mm | $0.00 |
Stephens | 7.80 mm | $51.77 bn |
Georgian Partners Growth Fund | 5.84 mm | $208.86 mm |
Lovp Sbic Management Services | 4.89 mm | $174.81 mm |
Solel Partners | 3.07 mm | $20.40 bn |
BEN Franklin Resources | 2.32 mm | $15.44 bn |
Vanguard | 1.91 mm | $12.70 bn |
BLK Blackrock | 1.59 mm | $10.59 bn |
Geode Capital Management | 473.30 k | $3.14 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 Mar 24 | Michael Lafair | Common Stock | Payment of exercise | Dispose F | No | No | 8.13 | 1,639 | 13.33 k | 823,067 |
29 Feb 24 | Michael Lafair | Common Stock | Payment of exercise | Dispose F | No | No | 6.66 | 1,639 | 10.92 k | 824,706 |
28 Feb 24 | Kevin Joseph Smith | Common Stock | Sell | Dispose S | No | No | 6.82 | 5,765 | 39.32 k | 298,089 |
28 Feb 24 | Michael Lafair | Common Stock | Sell | Dispose S | No | No | 6.82 | 8,614 | 58.75 k | 826,345 |
28 Feb 24 | Melanie Antoon | Common Stock | Sell | Dispose S | No | No | 6.82 | 2,006 | 13.68 k | 174,818 |
21 Feb 24 | Scott A Hill | Common Stock | Grant | Acquire A | No | No | 0 | 218,484 | 0.00 | 285,227 |
News
Needham Reiterates Buy on CS Disco, Maintains $15 Price Target
10 Apr 24
CS Disco Appoints Eric Friedrichsen As CEO, Succeeding Scott Hill, Who Will Take The Position Of Board Chair On The Board Of Directors And Assist Friedrichsen In Transitioning To His New Role
10 Apr 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
20 Mar 24
Why Jabil Shares Are Trading Lower By Over 14%? Here Are Other Stocks Moving In Friday's Mid-Day Session
15 Mar 24
Needham Reiterates Buy on CS Disco, Maintains $15 Price Target
15 Mar 24
Press releases
DISCO to Announce First Quarter 2024 Financial Results On May 9, 2024
18 Apr 24
CS Disco Appoints Eric Friedrichsen as CEO
10 Apr 24
CS Disco Board Approves $20 Million Share Repurchase Authorization
14 Mar 24
DISCO Announces Fourth Quarter and Fiscal Year 2023 Financial Results
22 Feb 24
CS DISCO UPDATE: Rosen Law Firm Provides CS Disco, Inc. Investors Update in Securities Class Action – LAW
7 Feb 24