LegalZoom.com (LZ) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same period a year ago. This performance reflects a continuation of growth from the preceding quarter.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same period a year ago. This performance reflects a continuation of growth from the preceding quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$165.9M
Revenue reported for this quarter.
Quarter-over-quarter
+13.2%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$630.5M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $162.6M | +8.1% |
| Sep 30, 2022 | $155.3M | +5.0% |
| Dec 31, 2022 | $146.6M | +3.2% |
| Mar 31, 2023 | $165.9M | +6.8% |
Revenue performance
The company reported higher revenue for the quarter. The filing indicated that operating activities contributed to a stronger cash position.
Quarterly comparison
Revenue rose relative to the immediately preceding quarter and also when measured against the same quarter one year earlier. Both comparisons show positive movement.
What to watch
The sequential revenue trend from prior quarters should be monitored for consistency.