LegalZoom.com (LZ) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined slightly compared to the immediate prior quarter, while showing growth against the same quarter one year earlier. The company's trailing revenue continues to trend upward.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter declined slightly compared to the immediate prior quarter, while showing growth against the same quarter one year earlier. The company's trailing revenue continues to trend upward.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$167.3M
Revenue reported for this quarter.
Quarter-over-quarter
-0.9%
Change from the immediately preceding quarter.
Year-over-year
+7.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$648.7M
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 |
|---|---|---|
| Dec 31, 2022 | $146.6M | +3.2% |
| Mar 31, 2023 | $165.9M | +6.8% |
| Jun 30, 2023 | $168.9M | +3.8% |
| Sep 30, 2023 | $167.3M | +7.7% |
Revenue performance
The reported revenue reflects a modest sequential decline, indicating a pause after recent consecutive quarterly increases.
Quarterly comparison
Compared to the immediately preceding quarter, revenue moved lower; however, compared to the same quarter one year earlier, revenue was higher, continuing the year-over-year growth trend.
What to watch
Monitor whether the sequential decline signals a broader trend reversal or remains an isolated quarterly fluctuation.