LegalZoom Reports First Quarter 2024 Financial Results
LegalZoom.com, Inc. (LZ)
Company Research
Source: GlobeNewswire
Revenue of $174.2 million for the quarter, an increase of 5% year-over-yearSubscription revenue of $107.9 million for the quarter, an increase of 10% year-over-year$228.1 million of cash and cash equivalents and no debt outstanding as of March 31, 2024 MOUNTAIN VIEW, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced results for its first quarter ended March 31, 2024. “I am excited by the momentum we are seeing across our ecosystem. We began the year with strong demand for our new compliance offering, continued to enhance our formations experience, and are innovating towards creating a modern technology platform that provides a simple and affordable experience for legal and financial services,” said Dan Wernikoff, LegalZoom’s Chief Executive Officer. Noel Watson, LegalZoom’s Chief Financial Officer added, “Our solid execution enabled us to achieve our revenue expectations despite a weake
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LZ
News
- LegalZoom.com, Inc. (NASDAQ: LZ) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $14.00 price target on the stock.MarketBeat
- B2B Legal Services Global Research Report 2024: Market to Reach $544.88 Billion in 2028, Legal Tech and ESG Focus Propel Future Expansion - Long-term Forecast to 2033 [Yahoo! Finance]Yahoo! Finance
- LegalZoom (LZ) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- LegalZoom.com, Inc. (NASDAQ:LZ) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]Yahoo! Finance
- Why LegalZoom Stock Plummeted by Nearly 24% Today [Yahoo! Finance]Yahoo! Finance
LZ
Earnings
- 5/7/24 - Beat
LZ
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- LZ's page on the SEC website