LegalZoom.com, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 07, 2024 at 04:01 pm EDT
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LegalZoom.com, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 174.21 million compared to USD 165.94 million a year ago. Net income was USD 4.74 million compared to net loss of USD 2.36 million a year ago.
Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.
LegalZoom.com, Inc. provides an online platform for business formation in the United States. The Company is a business advisor, supporting the needs of a new business throughout its lifecycle. Its platform includes professional expertise and other products, both legal and non-legal, to meet the needs of small businesses. It delivers comprehensive legal, tax, accounting and compliance products and expertise to small business owners and their families. Its offerings include ongoing compliance and tax advice and filings, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans. Additionally, it has insights into its customers and leverages its offerings as a channel to introduce small businesses to brands in its partner ecosystem. Its transaction products for small businesses include business formation, intellectual property, and tax services. Its transaction products for consumers include consumer, estate planning and other.