StocksMedium•4 November 2026•
1 min read
LegalZoom Shares Plunge 20.3% Following Earnings Miss and Weak Q4 Guidance
Key Facts
1LegalZoom shares fell 20.3% after providing Q4 revenue guidance that was 0.9% below analyst consensus.
2The company reported Q3 revenue of $195.1 million, beating estimates, but GAAP profit of $0.05 per share missed expectations by $0.02.
LegalZoom shares fell 20.3% to $5.49 after the company issued Q4 revenue guidance that missed analyst expectations. StockStory reported that the company's projected revenue of $193 million for the final quarter was 0.9% below consensus estimates, triggering a sharp sell-off immediately following the release.
The company reported Q3 revenue of $195.1 million, beating estimates by 0.5%, but GAAP profit of $0.05 per share missed expectations by $0.02. CEO Jeff Stibel noted that revenue from human-in-the-loop subscription services grew 17% year-over-year, even as total subscription units decreased by 105,000 during the quarter.