LZ / The AI Effect: Top Companies Struggle to Adapt

LegalZoom (LZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key more_horizontal

California-based LegalZoom (NASDAQ: LZ ) may be having some problems. The company is downsizing its workforce, and the ramifications extend beyond Leg more_horizontal

One of the company's major shareholders is selling a large fraction of its stake. It will divest 13 million shares via an underwritten public offering more_horizontal

LegalZoom's Q2 earnings report included increased guidance, but the stock price still plunged, indicating a volatile market sentiment that provides on more_horizontal

LegalZoom matched estimates in its second-quarter earnings report. Revenue growth has slowed to just 4%. more_horizontal

LegalZoom.com, Inc. (NASDAQ:LZ ) Q2 2023 Earnings Conference Call August 8, 2023 4:30 PM ET Company Participants Madeleine Crane - Investor Relations more_horizontal

Although the revenue and EPS for LegalZoom (LZ) give a sense of how its business performed in the quarter ended June 2023, it might be worth consideri more_horizontal

I expect EBITDA margins to expand due to productivity gains and top-line growth as the economy recovers. LZ's freemium business model should drive gai more_horizontal