Life360's Guidance Looks Stronger Than Expected -- Market Talk

Dow Jones

2025/02/28

2235 GMT - Life360's annual outlook looks stronger than the market and Ord Minnett analyst Lindsay Bettiol was expecting. With the tracking-app developer having already reported the bulk of its 2024 performance prior to announcing its annual result, Bettiol highlights the 2025 guidance as the most important thing to look for. And it all looks good, he says in a note to clients. Guidance for subscription revenue, advertising revenue and adjusted Ebitda are all ahead of where Bettiol expected them to be. Ord Minnett's buy rating and A$23.14 target price on the company's Australia-listed stock are under review. Shares are at A$21.74 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 27, 2025 17:35 ET (22:35 GMT)

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