Life360 Inc. (ASX:360) saw its shares surge 9.90% in Tuesday's trading session following the release of its impressive first-quarter earnings report. The company, which provides location-based services for families, reported a notable turnaround in its financial performance, surpassing analyst expectations.

Life360 posted a net income of $0.05 per diluted share for Q1 2025, marking a significant improvement from the $0.14 per share loss recorded in the same period last year. This result came as a pleasant surprise to analysts who had anticipated a loss of $0.01 per share. The company's total revenue for the quarter reached $103.6 million, representing a substantial 32.5% increase from $78.2 million in the previous year and beating the FactSet analyst consensus of $101.4 million.

Adding to the positive sentiment, Life360 provided an optimistic outlook for the full year 2025, projecting consolidated revenue in the range of $450 million to $480 million. This forecast aligns well with analyst expectations of $466.2 million in sales for the year. The combination of strong Q1 results and a robust forward-looking guidance appears to have fueled investor enthusiasm, driving the stock's significant intraday gain.