Acquisition BenefitsThe acquisition of Formation Nation is expected to contribute positive adjusted EBITDA and be accretive to adjusted EPS in the first year after acquisition.
Financial PerformanceFree cash flow of $36 million was well above the estimate of $19 million, indicating strong cash generation capabilities.
Strategic PositionLegalZoom is recognized as the leader in business formations, strategically positioned as the first service one-third of its business formations buy.