LIFE360 INC-CDI (360.AU) saw its stock price soar 30.49% intraday on Friday, marking one of its biggest single-day gains in recent history.
The surge came after the family-tracking app provider released an upbeat annual forecast, expecting full-year revenue to reach $486 million to $489 million, which represents approximately 31% to 32% growth compared to the previous year.
Additionally, the company reported a record fourth-quarter performance with 95.8 million monthly active users, demonstrating strong user growth and engagement metrics that exceeded market expectations.