Life360 reports Q1 net income $4.38M vs. ($9.78M) last year

Reports Q1 revenue $103.6M, consensus $101.48M. Reports annualized monthly revenue of $393.0M, up 38% year-over-year. The company said, “In a more cautious consumer spending environment, our performance reflects both the resilience of our business model and the growing demand for our services that keep families safe, connected, and provide peace of mind. As a trusted daily essential for millions, we are uniquely positioned to support families through uncertain times-and beyond.”