NASDAQ$LZ
Legalzoomcom Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
LegalZoom's financial performance saw revenue increase by 3% year-over-year, subscription revenue increased by 13%, and net income turned positive compared to a net loss in the same period last year.
LegalZoom reported Q4 2022 revenue of $146.6 million, a 3% increase year-over-year. Subscription revenue grew by 13% to $91.0 million. The company achieved a net income of $1.7 million, a significant improvement from the net loss of $(20.8) million in the same quarter of the previous year.
- Revenue increased by 3% year-over-year to $146.6 million.
- Subscription revenue increased by 13% year-over-year to $91.0 million.
- Net income was $1.7 million, a significant improvement from the prior year's net loss of $(20.8) million.
- Adjusted EBITDA was $26.5 million, compared to $7.0 million for the same period in 2021.
Headline financials
Revenue & EPS history
LegalZoom · Revenue · Quarterly
$147M
Revenue by segment
LegalZoom · $142M total across 2 segments · Q4 2022
- Subscription revenue$91M+12.8%64.2%
- Transaction revenue$50.8M-10.1%35.8%
Forward guidance
LegalZoom provided guidance for Q1 2023 and full year 2023.
Tailwinds
- Revenue for Q1 2023 is expected to be in the range of $153 million to $157 million.
- Adjusted EBITDA for Q1 2023 is expected to be $17 million.
- Revenue for the full year 2023 is expected to be in the range of $620 million to $640 million.
- Adjusted EBITDA for the full year 2023 is expected to be $100 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+3.6%
Avg return
Earnings day
+3.0%
Avg return
5 days after
+1.7%
Avg return
30 days after
45%
10 / 22 earnings
Positive
+30.1%
Q1 2023
Best reaction
-23.0%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -1.9% | -8.8% | |
| Q4 2025 | -6.7% | -7.1% | -12.2% | |
| Q3 2025 | +7.5% | -0.5% | -7.8% | |
| Q1 2025 | +23.2% | +31.2% | +26.5% | |
| Q4 2024 | +13.2% | +14.2% | -0.5% | |
| Q3 2024 | +22.0% | +11.0% | +8.5% | |
| Q2 2024 | -0.5% | -5.1% | +9.4% | |
| Q1 2024 | -23.0% | -17.2% | -29.7% | |
| Q4 2023 | +15.2% | +19.1% | +34.7% | |
| Q3 2023 | +8.1% | +5.2% | +5.7% | |
| Q2 2023 | -21.2% | -18.7% | -36.0% | |
| Q1 2023 | +30.1% | +29.4% | +53.8% | |
| Q4 2022 | -0.8% | -1.6% | +7.8% | |
| Q3 2022 | +27.3% | +20.9% | +8.9% | |
| Q2 2022 | +14.9% | +9.3% | +1.7% | |
| Q1 2022 | +9.5% | +4.8% | +19.0% | |
| Q4 2019 | -2.4% | -0.9% | -1.4% | |
| Q4 2021 | -3.1% | +5.0% | +4.9% | |
| Q3 2021 | -19.8% | -14.3% | -36.1% | |
| Q2 2021 | -4.1% | -5.5% | -3.6% | |
| Q1 2021 | -4.1% | -5.5% | -3.6% | |
| Q4 2020 | -4.1% | -5.5% | -3.6% | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — |
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