LZ - LegalZoom.com GAAP EPS of $0.01 beats by $0.04 revenue of $146.6M beats by $0.66M

February, 23 2023 04:39 PM LegalZoom.com Inc.

LegalZoom.com press release ( NASDAQ: LZ ): Q4 GAAP EPS of $0.01 beats by $0.04 .
Revenue of $146.6M (+3.1% Y/Y) beats by $0.66M .
Adjusted EBITDA was $26.5 million for the quarter, or 18% of revenue, compared to $7.0 million, or 5% of revenue, for the same period in 2021.
Non-GAAP net income was $19.0 million for the quarter compared to Non-GAAP net income of $5.0 million in the same period in 2021.
Cash and cash equivalents were $189.1 million as of December 31, 2022 compared to $239.3 million as of December 31, 2021.
Cash flows provided by operating activities was $21.8 million for the quarter ended December 31, 2022 compared to cash used in operating activities of $6.0 million for 2021.
Financial Guidance and Outlook Our guidance for the first quarter ending March 31, 2023 is as follows:
Revenue is expected to be in the range of $153 million to $157 million
Adjusted EBITDA is expected to be $17 million
Our guidance for the full year ending December 31, 2023 is as follows:
Revenue is expected to be in the range of $620 million to $640 million
Adjusted EBITDA is expected to be $100 million

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