earnings
confidence high
sentiment neutral
materiality 0.75
LegalZoom Q2 revenue up 9% to $163.9M; subscription rev +32%; FY guidance revised
LEGALZOOM.COM, INC.
2022-Q2 EPS reported
-$0.22
revenue$318,076,000
- Revenue $163.9M (+9% YoY); subscription rev $91.3M (+32%), transaction rev $66.5M (-9%).
- Net loss $13.2M vs $38.4M loss in 2021; non-GAAP net income $10.0M; adjusted EBITDA $17.8M (11% margin).
- Cash $215.5M, no debt; free cash flow $5.6M in Q2.
- FY2022 revenue guidance lowered to $612-616M from $650-660M; adjusted EBITDA guidance raised to $55M from $48M.