MOUNTAIN VIEW, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced that its Board of Directors has authorized an increase of $75 million to the Company’s existing stock repurchase program, bringing the aggregate amount authorized to $175 million. As of May 21, 2024, the Company has repurchased approximately 5.9 million shares of its common stock under the program at an average price of $10.10 per share for approxima ...

MOUNTAIN VIEW, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced that its Board of Directors has authorized an increase of $75 million to the Company’s existing stock repurchase program, bringing the aggregate amount authorized to $175 million. As of May 21, 2024, the Company has repurchased approximately 5.9 million shares of its common stock under the program at an average price of $10.10 per share for approxima ...

MOUNTAIN VIEW, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced that Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will participate in the following upcoming investor conferences: The Jefferies Software Conference to be held May 29 – 30, 2024 in Newport Beach, California. Management is scheduled to present on Wednesday, May 29th at 1:00 p.m. PT and will participate in meetings ...

MOUNTAIN VIEW, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No. 1 choice in online small business formations, today announced that Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will participate in the following upcoming investor conferences: The Jefferies Software Conference to be held May 29 – 30, 2024 in Newport Beach, California. Management is scheduled to present on Wednesday, May 29th at 1:00 p.m. PT and will participate in meetings ...

LegalZoom (LZ) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changing ...

The market was clearly unimpressed by the company's inaugural quarterly earnings release of the year. Although the broader stock market traded flat on Wednesday, numerous titles were outliers in terms of their price movements. Unfortunately for its investors, LegalZoom (LZ -23.87%) was one of them, and not positively. The company's share price tumbled by nearly 24% after it divulged first-quarter results. A pair of narrow quarterly misses Those figures were made public after market hours Tuesday, and they r ...

财务数据和关键指标变化 - 总收入为1.74亿美元,同比增长5% [7] - 订阅收入增长10%,交易收入下降3% [7] - 调整后EBITDA为2800万美元,同比增长28%,利润率为16% [7][39] - 免费现金流为2500万美元,同比增长14% [40] 各条业务线数据和关键指标变化 - 企业注册量下降18%,市场份额下降17% [30][31] - 交易收入下降3%,主要由于平均订单价值下降10%,部分被交易单量增长9%抵消 [33] - 订阅单量增长7%,ARPU增长5% [34][35] 各个市场数据和关键指标变化 - 宏观环境低于预期,全年预期下调至中单位数下降 [42] - 加州恢复注册费用导致毛利率下降2个百分点 [37] 公司战略和发展方向及行业竞争 - 简化注册流程,优化移动端体验,提高转化率 [14][15] - 加强品牌投入,与NBA合作推广 [17] - 拓展合规产品,推出BOIR服务,提升订阅收入占比 [12][20] - 整合专业服务,推出律师服务,如婚前协议 [26][27] - 长期看好中小企业市场,预计未来市场份额将增长10% [9][32] 管理层对经营环境和未来前景的评论 - 宏观环境短期有所下滑,但长期仍看好中小企业市场前景 [8][9] - 公司有信心通过产品优化和营销投入来提升市场份额 [11][14] - 合规产品是重点发展方向,有望带动订阅收入增长 [12][20] - 整合专业服务是未来发展重点,有望开拓新的收入来源 [26][27] 问答环节重要的提问和回答 问题1 **Jacob Hallac 提问** 询问公司如何提升市场份额的具体措施 [45] **Dan Wernikoff 回答** 公司将通过优化注册流程、加强品牌投入和销售团队建设等措施来提升市场份额 [46][47] 问题2 **John Byun 提问** 询问BOIR产品的收入模式和毛利情况 [52] **Dan Wernikoff 和 Noel Watson 回答** BOIR产品既有一次性收入也有经常性收入,毛利率相对较高,有助于提升订阅收入占比 [53][54][58] 问题3 **Kishan Patel 提问** 询问公司如何管理费用以应对宏观环境变化 [76] **Noel Watson 回答** 公司将密切关注宏观环境变化,调整营销投入等可变费用,同时控制人力成本等固定费用,确保完成全年业绩目标 [77][80]

LegalZoom (LZ) reported $174.21 million in revenue for the quarter ended March 2024, representing a year- over-year increase of 5%. EPS of $0.09 for the same period compares to $0.07 a year ago. The reported revenue represents a surprise of -0.38% over the Zacks Consensus Estimate of $174.87 million. With the consensus EPS estimate being $0.10, the EPS surprise was -10.00%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

LegalZoom (LZ) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -10%. A quarter ago, it was expected that this online platform for legal services would post earnings of $0.10 per share when it actually produced earnings of $0.13, delivering a surprise of 30%. Over the last four quart ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☒ For the three months ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35618 LegalZoom.com, Inc. (Exact name of registrant as specified in its charte ...