Update: Life360 Posts Lower Q1 Earnings, Higher Revenue; Raises 2026 Outlook, Shares Fall 11%
(Updates to add stock movement in the headline and last paragraph)Life360 (ASX:360) reported Tuesday first-quarter earnings of $0.03 per share, down from $0.05 a year earlier.Analysts polled by FactSet expected the company to break even.Revenue for the three months ended March 31 was $143.1 million, compared with $103.6 million a year earlier. Analysts surveyed by FactSet expected $137 million.The company raised its 2026 guidance, now expecting consolidated revenue of $650 million to $685 million, up from the previous range of $640 million to $680 million, and adjusted earnings before interest, taxes, depreciation, and amortization of $130 million to $140 million, compared with prior guidance of $128 million to $138 million. Analysts surveyed by FactSet expect sales of $663.5 million.The company's shares fell around 11% in recent Tuesday trade.