secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2022-03-10T23:59:59+00:00
Accession:  0001286139-22-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q4 rev $142.1M (+16% YoY); net loss $20.8M; $150M buyback; board adds Sivan Whiteley
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- Revenue $142.1M (+16% YoY); full-year revenue $575M (+22% YoY).
- Net loss $20.8M vs net income $9.4M in Q4 2020; adjusted EBITDA $7.0M (5%) vs $26.9M (22%).
- Board authorized $150M share repurchase program with open-market flexibility.
- Appointed Sivan Whiteley (Block CLO) to Board effective March 18, 2022; David Yuan resigns same date.
- Q1 2022 rev guidance $150-$152M; adj EBITDA breakeven; FY rev $650-$660M, adj EBITDA $48M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613922000028/0001286139-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613922000028/lz-20220309.htm
  HTML page:      https://secwatch.observer/filing/0001286139-22-000028

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