LZ

LegalZoom Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024
Investment, Growth, Beneficial ownership, Business license, Government, LZ, Ecosystem, Video game

1 choice in online small business formations, today announced results for its fourth quarter and year ended December 31, 2023, including the following highlights:

Key Points: 
  • 1 choice in online small business formations, today announced results for its fourth quarter and year ended December 31, 2023, including the following highlights:
    Revenue was $158.7 million for the quarter, up 8% year-over-year.
  • Transaction revenue was $51.9 million for the quarter, compared to $55.3 million in the same period in 2022, down 6% year-over-year.
  • Subscription revenue was $106.7 million for the quarter, compared to $91.4 million in the same period in 2022, an increase of 17% year-over-year.
  • Free cash flow was $14.1 million for the quarter ended December 31, 2023 compared to $16.2 million in the same period in 2022.

LegalZoom to Participate in Upcoming Investor Conferences

Retrieved on: 
Tuesday, February 20, 2024
Citizenship, LegalZoom, LZ, Conference

1 choice in online small business formations, today announced that Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will participate in the following upcoming investor conferences:

Key Points: 
  • 1 choice in online small business formations, today announced that Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will participate in the following upcoming investor conferences:
    The Citizens JMP Technology Conference to be held March 4 – 5, 2024 in San Francisco, California.
  • Management is scheduled to present on Monday, March 4th at 9:30 a.m. PT and will participate in meetings with investors that same day.
  • Management is scheduled to attend on Tuesday, March 5th and will participate in meetings with investors throughout the day.
  • A live audio webcast and replay of the Citizens JMP Technology Conference presentation will be available on the LegalZoom Investor Relations website at https://investors.legalzoom.com.

LegalZoom Expands Largest Grant Program To-Date to Deploy $3 Million to Small Business Owners as Part of Fast Break for Small Business Program With the NBA

Retrieved on: 
Thursday, February 15, 2024
Small business, NBA, Growth, Fast Break, Season, MVP, LZ, NBA G League, WNBA, LegalZoom, Partnership

1 choice in online small business formations, today announced that applications are open for the last round of the annual Fast Break for Small Business grant program in partnership with the NBA, WNBA and NBA G-League.

Key Points: 
  • 1 choice in online small business formations, today announced that applications are open for the last round of the annual Fast Break for Small Business grant program in partnership with the NBA, WNBA and NBA G-League.
  • “We look forward to continuing to make an impact on the small business community with the Fast Break for Small Business program.”
    On the heels of announcing his own small business, Improbable Media, NBA Champion and two-time MVP, Giannis Antetokounmpo has partnered with LegalZoom to support Fast Break for Small Business and give back to the small business community.
  • “I want to give others who are just getting started access to the kinds of business opportunities and expertise they need to be successful.”
    Since the program launched in 2021, Fast Break for Small Business has granted $1,500,000 to 150 small business owners and provided nearly 4,000 small business owners access to free LegalZoom services.
  • For additional information on the Fast Break for Small Business program and to apply for a grant, visit www.legalzoom.com/fastbreakforsmallbusiness.

LegalZoom to Announce Fourth Quarter and Full Year 2023 Financial Results on Thursday, February 22, 2024

Retrieved on: 
Thursday, January 25, 2024
LZ, Webcast

MOUNTAIN VIEW, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.

Key Points: 
  • MOUNTAIN VIEW, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.
  • 1 choice in online small business formations, today announced it will report its financial results for the fourth quarter and full year ended December 31, 2023 on Thursday, February 22, 2024, after the close of market.
  • Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m.
  • ET the same day to discuss the financial results.

Joseph Kao Becomes Partner at Millennium Sam Schwerin Discusses Firm’s Outlook for Venture and Technology Investing in 2024

Retrieved on: 
Wednesday, January 10, 2024
Electronic Design Automation, Consumer Electronics, Security, Technology, Audio, Video, Software, Internet, GDOT, Stanford University, Overalls, Ali Baba, Life, Name, Credit Suisse, Partner, Mergers and acquisitions, LegalZoom, Investment, Millennium, IPO, LZ, ID, Security (finance)

Joseph Kao has been named Partner at Millennium Technology Value Partners.

Key Points: 
  • Joseph Kao has been named Partner at Millennium Technology Value Partners.
  • Earlier in his career, Joe spent time at Credit Suisse in their Technology Mergers and Acquisitions group.
  • “Joe is superbly skilled at the full range of investments and transaction formats our franchise focuses on,” said Sam Schwerin, Managing Partner at Millennium.
  • Numerous startups are still having trouble finding funding for the first time in a long time as investors reassess assumptions.

LegalZoom to Participate in the Barclays Global Technology Conference

Retrieved on: 
Thursday, November 30, 2023
Conference, LZ, LegalZoom

MOUNTAIN VIEW, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.

Key Points: 
  • MOUNTAIN VIEW, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.
  • 1 choice in online small business formations, today announced that Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will participate in the Barclays Global Technology Conference on Thursday, December 7, 2023, in San Francisco, California.
  • Management will participate in a fireside chat at 10:25 a.m. PT.
  • A live audio webcast and replay of the event will be available on the LegalZoom Investor Relations website at https://investors.legalzoom.com .

LegalZoom Announces Secondary Offering of Shares of Common Stock

Retrieved on: 
Wednesday, November 8, 2023
Capital market, Sale, Security (finance), RBC Capital Markets, LZ, EDGAR, Telephone, Form, Attention, Vesey Street, Equity capital markets, LegalZoom, RBC, Prospectus, Form S-3

MOUNTAIN VIEW, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ) announced today that LucasZoom, LLC, an affiliate of investment funds advised by Permira Advisers LLC (the “Selling Stockholder”), intends to offer 15,099,993 shares of LegalZoom’s common stock in an underwritten public offering (the “Secondary Offering”).

Key Points: 
  • MOUNTAIN VIEW, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ) announced today that LucasZoom, LLC, an affiliate of investment funds advised by Permira Advisers LLC (the “Selling Stockholder”), intends to offer 15,099,993 shares of LegalZoom’s common stock in an underwritten public offering (the “Secondary Offering”).
  • LegalZoom is not offering any shares of its common stock in the Secondary Offering and will not receive any proceeds from the sale of shares of common stock in the Secondary Offering.
  • RBC Capital Markets is acting as sole underwriter for the Secondary Offering.
  • LegalZoom has filed a registration statement on Form S-3 relating to the Secondary Offering (including a prospectus) with the Securities and Exchange Commission (the “SEC”) that has become effective.

LegalZoom Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
LZ, EBITDA, Business, LegalZoom, Growth, File, Doc, AI, Video game, Food delivery

1 choice in online small business formations, today announced results for its third quarter ended September 30, 2023, including the following highlights:

Key Points: 
  • 1 choice in online small business formations, today announced results for its third quarter ended September 30, 2023, including the following highlights:
    Revenue was $167.3 million for the quarter, up 8% year-over-year:
    Transaction revenue was $57.4 million, down 2% year-over-year.
  • Cash flow provided by operating activities was $27.4 million for the quarter compared to $27.3 million for the same period in 2022.
  • Noel Watson, LegalZoom’s Chief Financial Officer added, “Our third quarter results outperformed our expectations and reflect strong growth in business formations as well as strength in our subscriptions business.
  • This, combined with our continued focus on profitability, drove third quarter Adjusted EBITDA of $33.7 million, double the prior-year period.”

LegalZoom to Participate in the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

Retrieved on: 
Thursday, November 2, 2023
LZ, Telecommunications, LegalZoom, Conference, Internet, Online shopping

MOUNTAIN VIEW, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.

Key Points: 
  • MOUNTAIN VIEW, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.
  • 1 choice in online small business formations, today announced that Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will participate in the 2023 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference on Wednesday, November 15, 2023, in New York, NY.
  • Management will participate in a fireside chat at 3:00 p.m.
  • A live audio webcast and replay of the event will be available on the LegalZoom Investor Relations website at https://investors.legalzoom.com.

LegalZoom to Announce Third Quarter 2023 Financial Results on Tuesday, November 7, 2023

Retrieved on: 
Tuesday, October 24, 2023
LZ, Webcast, Rare-earth element, Management

GLENDALE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.

Key Points: 
  • GLENDALE, Calif., Oct. 24, 2023 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (Nasdaq: LZ), the No.
  • 1 choice in online small business formations, today announced it will report its financial results for the third quarter ended September 30, 2023 on Tuesday, November 7, 2023, after the close of market.
  • Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m.
  • ET the same day to discuss the company’s financial results.