LegalZoom.com Inc. shares zoomed more than 15% higher in after-hours trading Tuesday, after the legal-services company produced stronger adjusted earnings...
LegalZoom.com Inc. LZ shares zoomed more than 15% higher in after-hours trading Tuesday, after the legal-services company produced stronger adjusted earnings than expected and executives raised their annual guidance. LegalZoom reported a first-quarter loss of $2.4 million, or a penny a share, on sales of $165.9 million, up from $155.4 million a year ago.
9 million, up from $155.4 million a year ago. After adjusting for stock compensation and other effects, the company reported earnings of 7 cents a share, improving from an adjusted loss of 3 cents a share last year. Analysts on average expected adjusted earnings of 6 cents a share on sales of $155.2 million, according to FactSet.
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