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.