secwatch.observer — SEC 8-K summary
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Issuer:     LEGALZOOM.COM, INC. (LZ)
CIK:        0001286139
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001286139-24-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LegalZoom Q3 net income $11.1M, subscription revenue +5% YoY, $24.7M buyback
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- Q3 revenue $168.6M (+1% YoY), net income $11.1M (7% margin), adjusted EBITDA $47.1M (28% margin).
- Subscription revenue $110.7M (+5% YoY) on 10% unit growth; transaction revenue $57.9M (-7%).
- Share repurchases of $24.7M (3.8M shares at avg $6.56); authorization increased by $40M to $215M.
- CTO/CPO Shrisha Radhakrishna resignation effective Nov 4, 2024; no successor named.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286139/000128613924000115/0001286139-24-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286139/000128613924000115/lz-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001286139-24-000115

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