Disco Corp

DISCO posted Q2 fiscal 2026 total revenue of $43.1 million, up 13% year‑over‑year, with software revenue of $36.8 million and adjusted EBITDA of negative $3.4 million. Management unveiled a Unified Litigation Solution to connect evidence and case law with purpose‑built AI, and reported strong adoption of Auto Review and Advanced Research during pilots. The company ended the quarter with $101.4 million in cash and short‑term investments, raised full‑year revenue guidance to $172m–$179m, and expects adjusted EBITDA to turn positive in Q4. » More on finance.yahoo.com

DISCO reported Q1 fiscal 2026 revenue of $41.9 million (+14% YoY) and a non‑GAAP gross margin of 75%, while the adjusted EBITDA margin improved to minus 8% from minus 14% a year earlier. Earnings and revenue beat expectations, but the stock initially fell about 13% after the announcement and recovered premarket to $3.90. The company raised its full‑year revenue guidance to $169.25–178.75 million and expects a Q2 adjusted EBITDA loss range of $4.5–2.5 million. DISCO highlights strong demand for its Cecilia AI and continues to focus on growth while improving unit economics and the path to profitability. » More on de.investing.com

DISCO appointed Toby Williams, currently president and CEO of Paylocity, to its board effective April 22, 2026. Williams brings nearly 25 years of experience in cloud-based software companies and expertise in AI and cloud services. The company, despite a 43% share decline year-to-date and a price of 4.43 USD, has a market capitalization of 280.55 million USD and more cash than debt. DISCO’s quarterly results are expected on May 6. » More on de.investing.com