Life360 co-founder and CEO Chris Hulls discusses growth of the company on 'The Claman Countdown.' #foxbusiness #business #economy
Life360 offers software for locating loved ones and providing assistance in emergencies. During the last quarter, Life360 reported a 32.8% sales growth while also reaching net profitability. The ad monetization initiatives are exciting and would be the foundation for continued growth. The business model is somewhat cyclical, though.
Here is how Life360 (LIF) and Middleby (MIDD) have performed compared to their sector so far this year.
Life360 stock surged on Friday after the newly public company delivered a modest beat-and-raise quarterly report.
Shares of Life360 LIF have gained around 18% since the company's initial public offering (IPO) in June.