secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001286139-23-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q1 rev $165.9M (+7% YoY), Adj EBITDA $21.9M, raises FY guidance
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- Revenue $165.9M, +7% YoY; subscription rev $97.3M (+15% YoY); net loss narrowed to $2.4M from $25.8M.
- Adjusted EBITDA $21.9M (13% margin) vs $2.3M (1% margin); Non-GAAP net income $14.0M vs loss $5.4M.
- Q2 guidance rev $166-$168M, Adj EBITDA $27-$29M; FY rev raised to $630-$650M, EBITDA $105M.
- Cash $204.1M, no debt; free cash flow $21.8M, up 147% YoY; subscription units 1.5M (+10% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613923000076/0001286139-23-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613923000076/lz-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001286139-23-000076

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