LZ

LegalZoom.com Q4 Profit Rises

(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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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