LegalZoom Reports Third Quarter 2024 Financial Results
LegalZoom.com, Inc. (LZ)
Company Research
Source: GlobeNewswire
Third quarter subscription revenue of $110.7 million, an increase of 5% year-over-yearMeaningful preliminary progress towards initiatives to grow subscription business; 300 basis point increase in subscription revenue mix year-over-yearRecord third quarter Net Income of $11.1 million and Net Income margin of 7%Record third quarter Adjusted EBITDA of $47.1 million and Adjusted EBITDA margin of 28%Share repurchases of $24.7 million reduced outstanding shares by 2%; increased existing share repurchase authorization by $40.0 million to total $215.0 million subsequent to quarter end MOUNTAIN VIEW, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ) today announced results for its third quarter ended September 30, 2024. “I am pleased with the early strides we are making against our key execution priorities,” said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. “During the quarter, we made progress in reorienting our commercialization and sales effo
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LZ
News
- LZ Stockholders: Robbins is Investigating the Officers and Directors of LegalZoom.com, Inc. to Determine if They Breached Fiduciary Duties Owed to ShareholdersPR Newswire
- LegalZoom and 1-800Accountant Join Forces to Deliver Full-Service Tax and Bookkeeping Solutions for Small Business OwnersGlobeNewswire
- Robbins LLP Informs LegalZoom.com, Inc. Stockholders that it is Investigating the Officers and Directors of LZ to Determine if They Breached Fiduciary Duties Owed to ShareholdersGlobeNewswire
- LegalZoom.com, Inc.'s (NASDAQ:LZ) Stock's On An Uptrend: Are Strong Financials Guiding The Market? [Yahoo! Finance]Yahoo! Finance
- LegalZoom.com, Inc. (NASDAQ: LZ) is now covered by analysts at UBS Group AG. They set a "neutral" rating and a $9.00 price target on the stock.MarketBeat
LZ
Earnings
- 11/6/24 - Beat
LZ
Sec Filings
- 12/16/24 - Form 8-K
- 11/19/24 - Form 4
- 11/19/24 - Form 3
- LZ's page on the SEC website