Acquisitions And Strategic GrowthLife360 announced the pending acquisition of Nativo, an advertising platform with relationships with hundreds of publishers that will enable Life360 to offer a more extensive set of inventory to advertisers.
Earnings And Financial PerformanceLife360 reported strong Q3 results, with both revenue and adjusted EBITDA solidly ahead of consensus.
Product Launch And Market ExpansionThe company successfully launched its new pet tracking device, with GPS capabilities requiring a Gold or Platinum description, and management noted that the offering has been priced to minimize friction and expand the pool of paying members.