Family and pet-tracking app maker Life360 has lifted its full-year earnings and revenue forecasts but says user growth took a hit after technical issues prevented people from installing its software on their devices, sending the share price lower on Tuesday.
The ASX-listed, Silicon Valley-based company’s revenue and underlying earnings also beat analysts’ expectations in the three months to March 31. However, it added just 1.9 million users in the first quarter, well below the 3 million analysts predicted.
Copy link
Copied
Copy link
