Life360 Inc (NAS:LIF)

$ 49.31 -0.14 (-0.28%) Market Cap: 3.68 Bil Enterprise Value: 3.52 Bil PE Ratio: 0 PB Ratio: 10.84 GF Score: 24/100

Q2 2021 Life360 Inc Earnings Call Transcript

Jul 27, 2021 / 11:30PM GMT

Transcript

Jolanta Masojada

Life360, Inc. - Head of IR

Good morning and thank you for joining the Life360 June 2021 Quarterly Activities Report and Appendix 4C Conference Call. This is Jolanta Masojada and I head up Investor Relation for Life360. The call will begin with some prepared remarks from Co-Founder and CEO, Chris Hulls; and CFO, Russell Burke, followed by a Q&A session. This call is being conducted as a Zoom audio webinar. (Operator Instructions)

I would now like to turn the call over to Chris.

Chris Hulls

Life360, Inc. - Co-Founder, CEO & Executive Director

Good morning, everyone, and thanks for joining our June quarterly business update call. This was a milestone quarter for Life360 with growth accelerating as the benefits of the vaccine rollout were felt, particularly in the U.S. We exceeded 1 million Paying Circles and $100 million of annualized monthly revenue. Our confidence that a COVID recovery would drive a return to significant growth is being borne out in these results.

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