Life360 Reports Q3 Earnings Beat with 40% Revenue Growth
Life360, Inc. (LIF) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a GAAP earnings per share (EPS) of $0.26, surpassing estimates by $0.17, while revenue reached $174.1 million, representing a 39.8% increase year-over-year and beating projections by $2.69 million. Growth was driven by significant expansions in the company's user base. Life360 added 188,000 global net Paying Circles, bringing the total to 3.4 million, and saw Monthly Active Users (MAU) rise by 5.3 million to a total of 107.7 million. These metrics indicate strong momentum in both user acquisition and monetization capabilities.
Tickers: $LIF
Topics: earnings beat MAU paying subscribers revenue growth user growth