Life360 falls -7% as profits of $9.8M give some pause for concern; NASDAQ afterhours shares drop
Life360 (ASX:360) has seen its shares fall over -7% in early arvo Tuesday trades as the company reports net income (read: profits) of $9.8 million for the third quarter, a margin of 8% – which has apparently underwhelmed the market despite growth across revenues, due in turn to a 19% growth in users year-on-year.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.Monthly active users have climbed to nearly 9 ...