secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001286139-21-000011
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q3 rev $147.9M (+12% YoY); acquires Earth Class Mail for $63M
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- Revenue of $147.9M (+12% YoY) above guidance; transaction revenue $66.9M (+5%), subscription revenue $73.3M (+24%).
- Net loss of $39.7M vs net income of $9.4M in Q3 2020; adjusted EBITDA $15.1M (10% margin) down from $27.4M.
- Acquired Earth Class Mail (virtual mailbox) for $63M in cash; enhances subscription services for small businesses.
- Q4 revenue guidance $142-146M; full year revenue $575-579M, adj EBITDA $45-47M.
- Subscription units grew to 1.264M (+21% YoY) with 49K net adds in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613921000011/0001286139-21-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613921000011/lz-20211110.htm
  HTML page:      https://secwatch.observer/filing/0001286139-21-000011

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