LegalZoom reports Q4 EPS 2c consensus (1c)

Reports Q4 revenue $142.1M, consensus $143.71M. "We capped off a historic 2021 with a strong fourth quarter," said Dan Wernikoff, LegalZoom's Chief Executive Officer. "For the full year of 2021 we grew revenue 22% and helped form 447 thousand businesses, almost one every minute. Over the past couple of years, we've been working to enable growth by attracting the right talent, making foundational investments in data and infrastructure, investing in our platform, and creating an ecosystem of subscription services to help small businesses operate more efficiently. The last step is to reimagine the core product itself. 2022 will be the year we do just that." Noel Watson, the Company's Chief Financial Officer added, "After years of deferred investment into the business, we're finally deploying capital in the right ways, which is attracting new talent and significantly improving the velocity of innovation here at LegalZoom. We're excited by the prospects ahead in 2022 and remain focused on building a business for the long-term, with durable growth vectors and strong EBITDA margins."