LegalZoom.com (LZ) Revenue — Quarter Ended Jun 30, 2024
Revenue rose compared to both the prior quarter and the same period a year earlier. The company also announced a restructuring plan aimed at realigning its business and cost structure.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue rose compared to both the prior quarter and the same period a year earlier. The company also announced a restructuring plan aimed at realigning its business and cost structure.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$177.4M
Revenue reported for this quarter.
Quarter-over-quarter
+1.8%
Change from the immediately preceding quarter.
Year-over-year
+5.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$677.5M
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 |
|---|---|---|
| Sep 30, 2023 | $167.3M | +7.7% |
| Dec 31, 2023 | $158.7M | +8.2% |
| Mar 31, 2024 | $174.2M | +5.0% |
| Jun 30, 2024 | $177.4M | +5.0% |
Revenue performance
The reported revenue increased, supported by positive comparisons with both the preceding quarter and the year-ago period.
Quarterly comparison
Revenue was higher than in the immediately preceding quarter as well as the same quarter one year earlier, reflecting continued upward momentum.
What to watch
Monitor the execution and financial impact of the recently announced restructuring plan.