Life360 Q3 revenue $92.9M (+18% YoY); MAU 76.9M (+32%); raises FY24 EBITDA guidance

Life360, Inc.

2024-Q3 EPS reported -$0.18 revenue$255,955,000

Record Q3: MAUs 76.9M (+32% YoY), Paying Circles 2.2M (+25%), net adds 159k (35% YoY increase).
Total revenue $92.9M (+18% YoY); subscription revenue $71.8M (+27%); core subscription $66.2M (+34% YoY).
Net income $7.7M vs loss a year ago; Adj. EBITDA $9.0M; 8th consecutive positive EBITDA quarter.
Q3 operating cash flow $6.3M (+55% YoY); cash $160.2M (up $96.5M YoY after IPO).
FY24 guidance raised: revenue $368-374M, core subscription growth 25%+, Adj. EBITDA $39-42M.

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