💨 Abstract

LegalZoom.com reported a net loss of $266,000 for the second quarter, equivalent to less than 1 cent per share. However, after adjusting for stock option expenses and amortization costs, earnings per share were 15 cents, aligning with Street expectations. The company beat revenue projections, reporting $192.5 million. For the upcoming quarter, LegalZoom anticipates revenue between $182 million and $184 million.

Courtesy: WTOP Staff