Life360 (ASX:360) reported Friday that it returned to a net income of $0.10 per diluted share in the fourth quarter of 2024, from a loss of $0.05 per diluted share a year earlier.
Analysts polled by Visible Alpha expected EPS of $0.001 for the fourth quarter.
Revenue for the three months ended Dec. 31, 2024, was $115.5 million, compared with $87 million a year earlier. Analysts surveyed by Visible Alpha expected revenue of $114.4 million.
For fiscal 2024, it reported a net loss of $0.06 per diluted share, narrowing from a net loss of $0.42 per diluted share a year earlier.
Revenue for the 12 months ended Dec. 31, 2024, was $371.5 million, compared with $304.5 million a year earlier.
The company expects a consolidated revenue of $450 million to $480 million for the current year. Analysts polled by Visible Alpha expect earnings of $0.15 per diluted share on total revenue of $465.2 million.
The firm did not pay or declare a dividend.
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