$6.060
-0.137 (-2.26%)At close
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LegalZoom Partners with USAA to Provide Legal Resources for Military Members
LegalZoom.com announced a new alliance with USAA designed to provide valuable legal resources and savings to its 14 million active service members, veterans, and military families. The collaboration brings together two organizations with a shared commitment to serving those who serve the nation. USAA has been the trusted financial home of the military community for over a century, and LegalZoom has helped millions of Americans access affordable, reliable legal solutions with step-by-step tools and attorney guidance for their business and personal legal needs. Today, USAA members receive up to 35% off on select LegalZoom products, helping military members and their families take an important step toward protecting their loved ones and securing their financial future. Estate plans in particular are a critical component of financial preparedness for military families who often face unique circumstances related to deployments and relocation. This offer helps USAA members create essential personal and business documents such as wills, living trusts, and powers of attorney, as well as business formations, at a significant cost savings.
Company Adjusts Q3 EBITDA Expectations to $49M-$51M
Sees Q3 adjusted EBITDA $49M-$51M. "We're updating our revenue expectations based on recent changes in the customer acquisition environment, while our profitability outlook reflects the discipline of our operating model," said Noel Watson, Chief Operating Officer and Chief Financial Officer. "We continue to improve operating efficiency, expand margins and generate strong cash flow while investing behind the initiatives that support our long-term growth strategy."
FY26 Adjusted EBITDA Outlook Narrowed to $190M-$195M
Consensus $822.05M. Narrows FY26 adjusted EBITDA view to $190M-$195M from $190M-$200M.
LegalZoom Q2 Revenue at $205.29M, Below Consensus
Reports Q2 revenue $205.29M, consensus $205.84M. "Since late 2024, we've deliberately repositioned LegalZoom around subscription relationships that pair AI with trusted human expertise," said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. "That strategy is working. While demand for what we do is intact, discovery is moving. We have been actively building new customer acquisition channels for more than a year, and our outlook fully reflects today's environment, with no recovery in traditional search assumed. In the AI channels where discovery is heading, every visit is incremental. We've partnered with the leading AI companies, we have more brand references across AI platforms than any competitor, and we haven't assumed how quickly this scales. That's the upside we're positioned to capture."
LegalZoom Launches Agent Integrated with Microsoft 365 Copilot
LegalZoom.com (LZ) announced it has launched an agent integrated with Microsoft 365 Copilot (MSFT). Available through the Microsoft Marketplace, the new agent brings LegalZoom's suite of legal services directly into the Microsoft 365 Copilot environment.
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