LegalZoom (LZ) Tops Q3 EPS by 3c

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LegalZoom Reports Third Quarter 2023 Financial Results

November 7, 2023 4:01 PM EST

Revenue of $167.3 million for the quarter, an increase of 8% year-over-yearSubscription revenue of $104.5 million for the quarter, an increase of 14% year-over-year$212.1 million of cash and cash equivalents and no debt outstanding as of September 30, 2023Strong product velocity: launched a Business Licenses compliance product, accounting solution LZ Books, AI powered document summarization tool Doc Assist and a revamped Legal Forms library during and subsequent to the end of the third... More