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The C-Suite: Russell Burke, Life360 CFO

Life 360 has upgraded its full year guidance after reporting a 20% increase in second quarter revenue to 84.9 million US dollars.

However a net loss of US$11 million was reported for the quarter, including IPO-related costs of $5.8 million. While the popular family sharing app is guiding to a full year loss between US$8 to 13 million, company CFO Russell Burke expects to be on track for positive earnings in FY25. 


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ausbiz

ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.