Life360 Q2 revenue $84.9M (+20% YoY); MAU hits 70.6M; guidance raised

Life360, Inc.

2024-Q2 EPS reported -$0.30 revenue$163,090,000

Total revenue $84.9M, up 20% YoY; subscription revenue $65.7M, up 25%.
Record MAU 70.6M (+31% YoY); Paying Circles 2M, net adds 132K (record).
Adjusted EBITDA $11.0M positive; net loss $(11.0)M includes $5.8M IPO costs.
Guidance raised: FY2024 revenue $370-378M; Adjusted EBITDA $36-41M.
US IPO completed June 6, 2024; now trading on NASDAQ under LIF.

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