secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001286139-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q4 revenue $158.7M (+8% YoY), net income $7.4M; COO Preece leaving March 31
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- Revenue $158.7M in Q4, +8% YoY; full year $660.7M, +7% YoY.
- Subscription revenue $106.7M in Q4 (+17% YoY); net income $7.4M vs $1.7M prior year.
- Adjusted EBITDA $33.4M (21% margin) vs $26.5M (18% margin) prior year.
- Q1 2024 revenue guidance $172-176M; FY2024 revenue $700-720M, adjusted EBITDA $135-145M.
- COO Rich Preece to depart effective March 31, 2024; severance per employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613924000017/0001286139-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613924000017/lz-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001286139-24-000017

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