LegalZoom.com Q4 Profit Rises

February 22, 2024 — 05:07 pm EST

Written by RTTNews.com for RTTNews

(RTTNews) - LegalZoom.com, Inc. (LZ) Thursday reported fourth-quarter net income of $7.4 million or $0.04 per share, compared to net income of $1.7 million, or $0.01 per share last year.

Adjusted income was $24.1 million or $0.13 per share for the quarter compared to $19.0 million or $0.10 per share in the same period in 2022.

Revenues for the quarter increased to $158.7 million from $146.6 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.10 per share and revenues of $156.53 million for the quarter.

Looking forward, the company expects revenues of $172 million to $176 million and $700 million to $720 million for the first quarter and full year 2024, respectively.

Analysts currently expects revenues of $175.68 million and $716.06 million, for the first quarter and full year 2024.

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

LegalZoom.com Q4 Profit Rises

Tags

Latest Articles