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
- LegalZoom Announces Appointment of Nathan Gooden to Board of DirectorsGlobeNewswire
- Johnson Fistel has Commenced an Investigation on Behalf of LegalZoom (LZ) ShareholdersGlobeNewswire
- LegalZoom.com, Inc. (NASDAQ: LZ) had its price target raised by analysts at Barclays PLC from $7.00 to $8.00. They now have an "equal weight" rating on the stock.MarketBeat
- LegalZoom.com, Inc. Just Beat EPS By 29%: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- LegalZoom.com, Inc. (NASDAQ: LZ) had its "underweight" rating re-affirmed by analysts at JPMorgan Chase & Co.. They now have a $8.00 price target on the stock.MarketBeat
LZ
Earnings
- 11/6/24 - Beat
LZ
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 3
- 11/19/24 - Form 4
- LZ's page on the SEC website