Dafinchi AI

LAW

Technology

Adjusted EBITDA was negative $2.7 million, an improvement of $2 million compared to Q2 2024, with a margin of negative 7%.
Cash and short-term investments totaled $114.5 million with no debt at quarter end.
Gross margin for Q2 was 76%, with fluctuations due to customer usage patterns.
Net loss was $2.8 million, or negative 7% of revenue, compared to a net loss of $4.4 million or negative 12% in Q2 2024.
Operating cash flow for the first half of 2025 was negative $14.7 million, compared to negative $8.0 million in the same period last year.
Operating loss was $3.8 million, or negative 10% of revenue, improved from negative 17% in the prior year.
Software revenue grew 12% year-over-year to $32.7 million, driven by increased usage and expansion of multi-terabyte matters.
Total revenue for Q2 2025 was $38.1 million, up 6% year-over-year.

CSGS

Technology

Management notes a cautious but steady market environment, with some hesitancy in discretionary spending across industries, leading to a revenue growth forecast of 2-3% for 2025.
Despite cautiousness, strategic deals and digital transformation projects continue, indicating resilience in core markets.
The company observes ongoing consolidation in telecom and broadband markets, which can create both challenges and opportunities for CSGS.

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