Life360 reports Q3 EPS 9c, consensus (6c)

Reports Q3 revenue $92.9M, consensus $98.19M. Reprots Q3 Positive Adjusted EBITDA of $9.0M and an EBITDA loss of ($2.6M). “Life360 (LIF) made tremendous progress in Q3, achieving our best-ever U.S. back-to-school period with record MAU and subscriber growth while simultaneously advancing our platform strategy,” said Life360 Co-founder and CEO Chris Hulls. “We reached a key milestone in building our advertising business, with our Uber partnership showcasing the power of contextual relevance over generic banners. Additionally, we launched a new lineup of Tile devices, garnering widespread press coverage with hundreds of articles, most of which highlighted our distinctive SOS feature. Our partnership with Hubble is officially signed, and international expansion-a critical pillar for future growth-accelerated significantly as we have started to reach tipping points in multiple countries.”