Life360 late Monday beat Wall Street's sales target for the second quarter and raised its full-year outlook. Life360 stock rose in extended trading.
The family safety and connection company earned 8 cents per share on sales of $115.4 million in the June quarter. In the year-earlier period, Life360 lost 15 cents per share on sales of $84.9 million. Analysts were modeling Q2 sales of $110.3 million.
Life360 ended the second quarter with 88 million monthly active users, up 4.3 million from the first quarter. Analysts were expecting 88.8 million monthly active users.
Further, Life360 exited Q2 with 2.5 million Paying Circle members, vs. 2.4 million in Q1.
San Mateo, Calif.-based Life360 provides technology for tracking family members, pets and valuables. The company sells Tile-brand tracking devices.
For the full year, Life360 now expects to generate revenue of $472 million, based on the midpoint of its guidance. That would represent an increase of 27% over 2024 sales. Analysts had been expecting $469.3 million in 2025 revenue, according to FactSet.
It also guided to adjusted EBITDA — earnings before interest, taxes, depreciation and amortization — of $77 million, up 69% from 2024.
'Anxiety Economy' Driving Sales
In other news, Life360 announced that Lauren Antonoff has been promoted to chief executive officer as part of a planned leadership succession. She had been serving as chief operating officer. Antonoff succeeds cofounder Chris Hulls, who will serve as executive chairman.
"We're seeing the rise of what we call the 'Anxiety Economy' — a shift where families are making more values-based decisions and prioritizing peace of mind in how they spend," Antonoff said in a news release. "That's driving sustained demand for services like ours that help people feel safer, more connected, and in control."
Life360 Stock Is On Four IBD Lists
In after-hours trading on the stock market today, Life360 stock climbed more than 5% to 77.75. During regular-session trading Monday, Life360 dipped a fraction to close at 73.74.
Life360 went public in June 2024 with its IPO priced at $27 a share.
Life360 stock is on four IBD lists: IBD 50, IPO Leaders, Stock Spotlight and Tech Leaders.
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