secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2021-08-12T23:59:59+00:00
Accession:  0001193125-21-244730
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q2 revenue up 36% to $150M; net loss $38.4M vs $4.1M loss prior year
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- Revenue $150.4M (+36% YoY); transaction rev $73.4M (+45%) on 123k business formations (+34%).
- Subscription revenue $69.4M (+29%); 1.2M subscription units, net add 69k in quarter.
- Gross margin 67% (down from 68%); net loss $38.4M vs $4.1M loss year ago.
- Adjusted EBITDA $22.0M (15% of rev) vs $20.3M (18%) prior year; non-GAAP net income $4.6M.
- Raised $666.9M net from IPO/private placement; repaid $521.6M term loan; cash $167M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000119312521244730/0001193125-21-244730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000119312521244730/d205863d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-244730

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer