BUZZ-ASX-listed shares of Life360 rise on upbeat annual forecast, record fourth quarter

Reuters

01/23

** Australia-listed shares of Life360 360.AX LIF.O rise as much as 30.5% to A$34.630, hitting their highest level since December 15

** Stock logs its biggest intraday pct gain since March 1, 2024

** The family-tracking app provider says it expects full-year revenue of $486 million-$489 million, about 31%-32% higher than last year

** Co reports 95.8 million monthly active users for Q4, record fourth-quarter performance

** Stock is flat YTD, up 15% this week

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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