LegalZoom Sees Q3 Revenue $159M-$161M Vs $159.61M Est; EBITDA $26M-$28M
Portfolio Pulse from Benzinga Newsdesk
LegalZoom has projected its Q3 revenue to be between $159M and $161M, which is in line with the estimated $159.61M. The company also expects its EBITDA to be between $26M and $28M.
August 08, 2023 | 8:36 pm
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NEUTRAL IMPACT
LegalZoom's Q3 revenue forecast aligns with estimates, indicating stable performance. The EBITDA projection also suggests healthy profitability.
LegalZoom's revenue forecast is in line with estimates, which suggests that the company's performance is as expected. This could maintain investor confidence and keep the stock price stable. The EBITDA projection also indicates that the company is expected to maintain a healthy level of profitability, which is a positive sign for investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100