secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001286139-23-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q2 revenue $168.9M (+4% YoY); net income turns positive; raises full-year guidance
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- Revenue $168.9M (+4% YoY); subscription revenue $102.2M (+12% YoY) with 159k net new subscription units.
- Net income $1.4M vs net loss $12.7M a year ago; Adjusted EBITDA $29.6M (18% margin) vs $18.1M (11%).
- Diluted EPS $0.01 vs -$0.06; non-GAAP diluted EPS $0.10 vs $0.05.
- Cash $238.9M, no debt; free cash flow $37.4M vs $5.6M in prior-year quarter.
- Q3 revenue guidance $159M-$161M; FY revenue guidance raised to $642M-$652M; launched LZ Books accounting post-quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613923000109/0001286139-23-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613923000109/lz-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001286139-23-000109

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