Every material Form 8-K Life360 filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Life360 reported unaudited Q3 2024 total revenue of $92.9 million, up 18% year over year, and net income of $7.7 million, which the company said was helped by a one-time gain from investments and a tax benefit. It lowered its 2024 consolidated revenue guidance to $368 million-$374 million from $370 million-$378 million, citing lower hardware revenue, while raising its 2024 Adjusted EBITDA guidance to $39 million-$42 million from $36 million-$41 million.
Q3 2024 hardware revenue fell 24% year over year to $11.7 million, attributed to a delay in the new product launch.
2024 consolidated revenue guidance is $368 million-$374 million, down from $370 million-$378 million.
2024 Adjusted EBITDA guidance is $39 million-$42 million, up from $36 million-$41 million.
Q3 2024 net income was $7.7 million, including a $5.4 million gain on change in fair value of an investment; quarter-end cash was $160.2 million.
Life360 entered a manufacturing services agreement with Jabil on October 25, 2024, continuing Jabil's role as sole contract manufacturer for Tile and primary manufacturer for Jiobit. The filing describes a three-year initial term with automatic one-year renewals and termination rights, but gives no financial terms, so its financial effect on shareholders cannot be assessed from this filing.
Agreement dated October 25, 2024, with Jabil Circuit, Inc. and Jabil Circuit (Singapore) Pte. Ltd and affiliates
Initial three-year term, renewing automatically for one-year periods unless terminated or notice of non-renewal is given
Life360 will reimburse and then own tooling and equipment used for its products; full text expected as an exhibit to the Form 10-Q for the period ended September 30, 2024
Life360 reported unaudited Q2 2024 revenue of $84.9 million, up 20% year over year, and a net loss of $(11.0) million, compared with $(4.4) million a year earlier. The loss includes $5.8 million in IPO-related transaction costs. The company raised its full-year 2024 revenue and Adjusted EBITDA guidance, which matters to shareholders because it signals higher expected revenue and profit, though GAAP results were weaker than the prior year.
Q2 2024 total revenue was $84.9 million, up 20% year over year; net loss was $(11.0) million versus $(4.4) million in Q2 2023, including $5.8 million in IPO-related transaction costs.
Adjusted EBITDA was $11.0 million in Q2 2024, compared with $5.7 million in Q2 2023.
2024 consolidated revenue guidance was raised to $370 million-$378 million from $365 million-$370 million; Adjusted EBITDA guidance was raised to $36 million-$41 million from $30 million-$35 million.
Global monthly active users reached approximately 70.6 million, up 31% year over year, and Paying Circles reached 2.0 million.
Life360 reported unaudited first-quarter 2024 results in a May 9, 2024 media release furnished under Form 8-K. Revenue rose 15% year over year to $78.2 million, and the net loss narrowed to $(9.8) million from $(14.1) million a year earlier. The company maintained its CY24 guidance, including consolidated revenue of $365 million to $375 million.
Total revenue of $78.2 million, up 15% YoY; subscription revenue of $61.6 million, up 19% YoY
Net loss of $(9.8) million in Q1 2024, compared with $(14.1) million in Q1 2023
Adjusted EBITDA of $4.3 million versus $0.5 million a year earlier; operating cash flow of $10.7 million
CY24 guidance maintained: consolidated revenue of $365 million to $375 million and Adjusted EBITDA of $30 million to $35 million
Life360 reported 2023 revenue of $305 million, up 33% year over year, and a net loss of $28.2 million, down from $91.6 million in 2022. Adjusted EBITDA was $20.6 million, compared with negative $40.1 million a year earlier, and the company said it was its first full year of positive Adjusted EBITDA. For 2024, it guided to consolidated revenue of $365 million to $375 million and Adjusted EBITDA of $30 million to $35 million, and it announced a new advertising revenue stream.
2023 revenue of $305 million, up 33% year over year; company said this was in line with its guidance of $300 million to $310 million
Net loss of $28.2 million in 2023, an improvement of $63.5 million from 2022
Adjusted EBITDA of $20.6 million in 2023, versus negative $40.1 million in 2022
2024 guidance: revenue of $365 million to $375 million, Adjusted EBITDA of $30 million to $35 million, and year-end cash of $80 million to $90 million
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Life360 filing is on SEC EDGAR ↗. 8-K briefs of other companies →