Financial PerformanceLife360 reported strong Q1 results, with total revenue and profitability coming in ahead of estimates.
Strategic DevelopmentLife360 continues to make progress developing the advertising offering, with its first native ad format on track to launch in Q2, and a recently announced partnership with AI safety company Aura is expected to drive incremental advertising revenue later this year.
Subscription GrowthCore subscription revenue growth accelerated once again to +37% y/y, reflecting improved retention in US markets, targeted marketing efforts, the ongoing benefit from price adjustments, and the continued scaling of multi-tier pricing plans.