Brief: Cs Disco Inc - Expects To Report Revenue For Fiscal Year 2022 Of $132.0 Million To $136.0 Million

CS Disco

19/01/2023 14:11

Jan 19 (Reuters) - CS Disco Inc  LAW.N :
    * CS DISCO INC - EXPECTS TO REPORT REVENUE FOR FISCAL YEAR
2022 OF
$132.0 MILLION TO $136.0 MILLION
    * CS DISCO INC - COMMITTED TO A PLAN TO REDUCE WORKFORCE BY
ABOUT
62 EMPLOYEES, REPRESENTING APPROXIMATELY 9% OF THE COMPANY’S
CURRENT GLOBAL WORKFORCE
    * CS DISCO INC- PLAN WAS BASED ON COST-REDUCTION INITIATIVES
INTENDED TO REDUCE THE COMPANY’S COST STRUCTURE AND ACCELERATE
ITS PATH TO PROFITABILITY
    * CS DISCO INC-  EXPECTS THAT THE MAJORITY OF THESE CHARGES
WILL
BE INCURRED IN THE FIRST QUARTER OF 2023
    * CS DISCO INC - ESTIMATES THAT IT WILL INCUR NON-RECURRING
CHARGES OF APPROXIMATELY $0.9 MILLION TO $1.1 MILLION IN
CONNECTION WITH PLAN

Further company coverage:  LAW.N 
 ((Reuters.Briefs@thomsonreuters.com;))