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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Industry & services

Life360 rallies again as revenue beats forecasts and guidance reaffirmed

Life360 shares surged over 10% for a second day on the ASX, hitting $29.96 after strong March quarter results.

The San Francisco-based firm posted a 32% rise in revenue to US$103.6 million (A$162.7 million), exceeding forecasts and reaffirming full-year guidance.

Goldman Sachs maintained a Buy rating and set a $31 target, noting Life360 stands to benefit from App Store payment changes and its growing advertising push.

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