earnings
confidence high
sentiment positive
materiality 0.75
Life360 Q3 revenue $78.6M (+38% YoY); raises FY23 adjusted EBITDA guidance to $12-16M
Life360, Inc.
2023-Q3 EPS reported
-$0.38
revenue$217,555,000
- Q3 total revenue $78.6M (+38% YoY); core Life360 subscription revenue $50.6M (+50% YoY).
- Net loss $6.5M; positive adjusted EBITDA $5.5M (third consecutive quarter); operating cash flow $4.1M.
- Global Paying Circles up 17% YoY, net adds 118k (record Q3); US ARPPC $146.30 (+40% YoY).
- FY23 guidance: revenue $300-310M; core subscription >50% YoY growth; EBITDA guidance raised to $12-16M.
- Cash and equivalents $63.7M after $3.9M Jiobit convertible repayment.